Examlex
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B2C
An acronym for "Business-to-Consumer," describing transactions conducted directly between a company and consumers who are the end-users of its products or services.
Book to Capital
The ratio of a company's net book value of its assets to its capital, indicating how much of the company's assets are financed by shareholder capital.
Purchases Journal
A journal used to record all purchases of goods and services on credit for a company's operational needs.
Creditor Accounts
Accounts payable to suppliers or lenders from whom a business has borrowed money or purchased goods on credit.
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