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For Every Home Built by Habitat for Humanity,Whirlpool Corporation Has

question 82

Multiple Choice

For every home built by Habitat for Humanity,Whirlpool Corporation has given and continues to give free kitchen appliances to the deserving family.This donation of appliances is an example of how companies assume their:


Definitions:

Journal Entries

Records of financial transactions within the accounting system of a business, showing the accounts affected and the amounts involved.

Reimburse

To pay back or compensate for money that has been spent or lost.

Days' Sales Uncollected

A fiscal indicator quantifying the mean span of days required for a business to receive payment post a sale transaction.

Net Credit Sales

Net Credit Sales refer to the total value of sales made on credit during a specific period, minus returns and allowances.

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