Examlex
Select the term that is spelled correctly.
-Select the term that is spelled correctly:
Net Sales
The amount of sales generated by a company after deducting returns, allowances for damaged or missing goods, and discounts.
Account Receivable
Accounts Receivable are amounts owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
Write Off
An accounting action taken to recognize that an asset has lost its value and is removed from the balance sheet.
Cash
Money in the form of coins or banknotes, especially that used to operate a business on a day-to-day basis.
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