Examlex
You can save a macro as a VBA module using the Save Object As sammand in the Backstage view.
Periodic Inventory
An inventory system in which the inventory count is conducted at specific periods, determining the cost of goods sold by beginning inventory plus purchases minus ending inventory.
Merchandise Inventory
Goods a company intends to sell to customers that are stored as inventory.
Purchases
Represents the total amount of goods bought by a business for resale or for use in production.
Rental Income
This is income received from renting out property or equipment. It is often considered passive income and must be reported for tax purposes.
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