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During a recent shopping trip to the local Target store, Pat noticed several things.First, she noticed that the store offered a tremendous variety of products, including toys, pet foods, clothing for men, women, and children, health and beauty aids, small household appliances, automotive products, and more.Further, Pat noticed Target offered an array of different products within each product grouping.Each product grouping at Target is an example of a(n) __________; all of the product groups together constitute Target's __________.
Balance Per Books
The amount of money shown in the company's financial records, not necessarily reflecting cash available or actual account balances due to outstanding transactions.
Error By The Company
A mistake made in the recording, classification, or processing of financial or operational information by the company.
NSF Check
A cheque that cannot be processed because the drawer's account does not have sufficient funds.
Debit Memo
A document issued by a purchaser to a seller to adjust or correct a previously issued invoice.
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