Please Define the Following Key Terms

question 31

Short Answer

Please define the following key terms. Show Who? What? Where? When? Why Important?
-Alexander II

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Definitions:

Sales on Account

Transactions where goods or services are sold and payment is agreed to be made at a later date.

Make Deposits

The process of putting money into a financial account, which can include cash, checks, or electronic transfers.

Vendors List

A list in accounting or business software that contains details about suppliers and vendors from whom a company purchases goods or services.

Suppliers

Businesses or individuals that provide goods or services to companies, typically as part of the supply chain.