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On an OBD II scan tool, what is Mode 6, and what does it display?
Adjusting Entry
A journal entry made at the end of an accounting period to record any unrecognized income or expenses for that period, ensuring the accounts are up to date.
Gross Method
An accounting method for recording purchases at the full invoice price without deducting any cash discounts offered.
Sales Discounts
Reductions in the sale price given by a seller to a buyer, often used as an incentive for early payment or bulk purchasing.
Receivable
Amounts of money owed to a company by its customers or other parties for goods or services provided.
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