Examlex
Students do not learn as much in a virtual world,such as Second Life,as they normally do in a traditional classroom.
Payment Terms
The conditions under which a seller will complete a sale. Typically, these terms specify the period allowed to a buyer to pay off the amount due and may include cash discounts for timely payment.
Sales Tax
A tax paid to a governing body for the sales of certain goods and services, usually calculated as a percentage of the retail sale price.
General Journal
A comprehensive accounting record of all transactions made by a company, presented in chronological order.
Sales Tax
A tax imposed by governments on the sale of goods and services, collected by the retailer at the point of sale and passed on to the government.
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