Examlex
Organisms that inhabit soil or water and break down and absorb the organic matter of dead organisms are called _____.
Uncollectible Accounts Receivables
Accounts receivable that a company does not expect to collect and must write off as a loss because the debtor is unable to pay the owed amount.
Merchandise
Goods that are bought and sold in business; the commodities or items that a business trades in.
Journal Entry
A record in the books of accounts that represents a single financial transaction, documented in chronological order and showing the debits and credits for each transaction.
Terms N/30
Payment terms indicating that an invoice must be paid within 30 days of the invoice date.
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