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Instructions: Read each of the following essay introductions. Then select the letter of the method the writer used to begin the composition. The essay below begins with a Few Americans stay put for a lifetime. We move from town to city to suburb, from high school to college in a different state, from a job in one region to a better job elsewhere, from the home where we raise our children to the home where we plan to live in retirement. With each move, we are forever making new friends, who become part of our new life at that time. Margaret Mead and Rhoda Metraux, On Friendship, in A Way of Seeing . Morrow, 1974, page 45
Net Price
The actual price paid for a product after deducting any discounts, rebates, or allowances from the list or gross price.
Allowance Method
An accounting technique that estimates and records bad debts expense from credit sales based on anticipated losses.
Sales Discounts
Reductions in the price of goods or services offered to customers, usually as an incentive to encourage prompt payment.
Sales Returns
Goods returned by the customer to the seller for a refund or credit, often due to defects or dissatisfaction.
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