Examlex
______________ calculates probabilities of a suspect's residence based on the locations of past crimes.
Sales Returns
Goods returned by customers to the seller after the sale, which result in a reduction of revenue previously recognized.
Adjusting Entry
A journal entry made in accounting records at the end of an accounting period to allocate income and expenditure to the correct periods.
Periodic Inventory System
An inventory accounting system where the inventory count is physically conducted at specific intervals, typically at the end of an accounting period.
Net Method
An accounting method that records purchases and sales of inventory net of discounts at the time of transaction.
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