Examlex
Condensation in the solar nebula probably led to the formation of
Sales Returns And Allowances
Concessions granted to customers for returned goods or from granting reductions in the original sales price.
Sales Discounts
Reductions in the price sold given by a seller to a buyer, often used as an incentive for early payment or bulk purchases.
Accounts Receivable
Money owed to a company by its customers for goods or services delivered but not yet paid for.
Normal Balance
The side of an account (debit or credit) that is positive or increasing; assets and expenses typically have a debit normal balance, whereas liabilities, equity, and revenues usually have a credit normal balance.
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