Examlex
Seeing a trend in a sequence of sales figures involves the process of categorical thinking.
Clearinghouse Collection Fee
A charge levied by a clearinghouse for handling the processing and settlement of transactions between financial institutions.
Credit Card Sales
Transactions in which customers use credit cards to pay for goods or services, creating a receivable for the seller until payment is processed by the card issuer.
Summary Journal Entry
A consolidated record that summarizes multiple transactions into a single entry within the accounting records.
Accounts Receivable
Money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
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