Examlex
Define commingling of funds.
Discount
The reduction from the full amount or value of something, often used as an incentive in sales.
Merchandise Inventory
Merchandise inventory is the total cost of all goods held by a company for the purpose of resale during a given period.
Schedule of Accounts Payable
A detailed listing of all the amounts a company owes to its suppliers or vendors, but has not yet paid.
Subsidiary Ledger
A detailed ledger that contains information for individual accounts, supporting the summary data in the general ledger.
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