Examlex
You can recognize entity subtypes by the fact the primary key is also a(n) ____________________.
Supplies
Materials and items used in the day-to-day operations of a business, which may be considered either current assets or expenses.
Contra-Asset
An account that is used to reduce the balance of a related asset account, with the most common example being accumulated depreciation.
Contra-Revenue
An account deducted from gross revenue or sales, which includes returns, allowances, and discounts, ultimately affecting the net revenue reported.
Purchases Discount
A reduction in the price of goods a company buys, typically for paying early or within a specified time period.
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