What is the proper name for this compound?
Definitions:
Sales Discounts
Reductions granted on the selling price of goods or services to encourage prompt payment by customers.
Sales Returns
Transactions where customers return previously purchased merchandise, leading to a refund or credit.
Sales Returns
Transactions where customers return previously purchased merchandise, leading to a deduction from the gross sales to arrive at the net sales figure.
Debit Balance
A situation where the total debits exceed the total credits in an account.
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