Examlex
Multiply by applying the distributive property.
Credit Terms
The conditions under which credit will be extended to a customer, including the repayment time frame and any interest or discounts.
Net Allowance
The remaining balance after adjustments are made for discounts, returns, or bad debts to the gross receivables or revenue.
Sales Discounts
A reduction in the price of goods or services sold, offered by the seller as an incentive for early payment or in bulk purchase scenarios.
Sales
The total revenue earned from the selling of goods or services, before any deductions are made.
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