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Give three categories that fit the basis for classification.
-topic: dancers
basis for classification: types of dances they do
Property Tax
Taxes paid by property owners, based on the value of their property, to fund municipal services such as schooling, road maintenance, and public safety.
Accounts Receivable
Accounts receivable represent the money owed to a company by its customers for goods or services delivered but not yet paid for.
Merchandise
Goods that are purchased for resale at a profit; the main product that a retailer sells.
Sales on Account
Transactions where goods are sold and payment is deferred to a future date; this is typically tracked through accounts receivable.
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