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Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
Declaration of the Rights of Man and of the Citizen
Merchandise Inventory
The total value of a retailer's goods that are available for sale.
Cash Receipts
The money received by a business during a specified period, including revenue from sales, loan proceeds, and investment income.
Cash Disbursements
Outflows of cash for expenses, assets, or other types of payments.
Cost of Goods Sold
The direct costs attributable to the production of goods sold in a company, including materials and labor.
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