Examlex
A deposition is taken under oath; it allows attorneys from both sides to be present.
Tile Sales
Revenue generated from the sale of tiles, typically used for flooring or walls.
Contra-revenue Account
An account that is used to record deductions from gross revenue, which results in net revenue.
Sales Discount
A reduction in the price of goods or services offered to a customer, typically to encourage prompt payment or bulk purchasing.
Debit Balance
The condition of an account when the total of debits exceeds the total of credits, typically indicating assets or expenses.
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