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In March 1776, after being forced to evacuate Boston by the Continental Army, the British Army:
Cost Of Goods Available
The total cost of all merchandise or materials available for sale or use, including beginning inventory plus purchases.
Purchase Returns
Goods returned by the buyer to the supplier due to defects, inaccuracies in shipment, or other discrepancies.
Allowances
A deduction from the gross amount on an invoice by the buyer for goods purchased or to cover some type of shortcoming.
Purchase Discounts
Reductions in the price of goods or services allowed by the seller for early payment by the buyer.
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