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Credit Sales
Sales transactions where the payment is deferred, allowing the buyer to pay at a later date.
COGS
The Cost of Goods Sold represents the direct expenses related to the production of goods that a company sells.
Accounts Payable
Amounts a company owes to suppliers for goods or services acquired on credit.
Cost of Goods Sold
Directly incurred costs for the production of goods a company sells, encompassing both materials and workforce expenses.
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