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The Stay'n Out program
Cash Sales
Transactions where goods or services are purchased and paid for with cash at the time of the sale.
Perpetual Inventory
An inventory management system where inventory quantities and costs are updated continuously with each sale or purchase transaction.
Accounts Payable
Liabilities of a business that represent its obligations to pay off a short-term debt to its creditors or suppliers.
Inventory
The overall quantity of products and resources that a business possesses, which are either for sale or to be utilized in manufacturing.
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