Examlex
What percentage of the people using coastal beaches in the United States developed ear infections,sore throats,eye irritations,respiratory disease,or gastrointestinal disease from swimming in seawater contaminated by infectious viruses and bacteria?
Credit Memo
A document issued by a seller that reduces the amount owed by a buyer, typically due to a return or refund.
Cash Discount
A cash discount is a reduction in the price of goods or services allowed by the seller to encourage prompt payment by the buyer.
FOB Shipping Point
A term used in shipping agreements indicating that the buyer assumes responsibility and ownership of goods once they leave the seller's premises.
Perpetual Inventory System
An accounting method that continuously updates inventory records for every purchase and sale.
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