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Merchandise
Goods that are bought and sold in the course of business, usually in a retail environment.
Delivery Expense
The costs incurred by a business to transport its goods to the customer, often treated as a direct or indirect expense depending on the nature of the expense allocation.
Expense Account
An accounting account that tracks money spent or costs incurred in a business entity's operation.
Perpetual Inventory System
An inventory management accounting method that instantly documents transactions of buying or selling inventory via computerized point-of-sale systems and enterprise asset management applications.
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