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Two primary queue operations are
Sales Returns
Goods returned to the seller by the customer post-purchase due to defects or dissatisfaction, affecting the seller's revenue.
Estimated Uncollectibles
Estimated uncollectibles are a provision for debts that are not expected to be collected due to customers being unable or unwilling to pay.
Specific Account Receivable
This pertains to a distinct claim for payment for goods sold or services provided on credit that is owed to a company by its customer.
Net Income
The total earnings of a company after subtracting all expenses, including taxes and operating costs, indicative of the company’s profitability.
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