Examlex
A macro is a VBA procedure that starts executing the code at the beginning and progresses line by line until it reaches the end.
Accounting Equation
A fundamental principle of accounting representing the relationship between a company's assets, liabilities, and equity (Assets = Liabilities + Equity).
Cash Refund
An amount paid by the seller to the buyer for merchandise that is defective, is damaged during shipment, or does not meet the buyer’s expectations.
Selling Price
The amount of money for which a product or service is offered for sale to customers.
Customer Refund Payable
A liability account representing the obligation of a business to return money to a customer due to overcharging or returning merchandise.
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