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Gross Sales
The gross sales income of a business before subtracting any returns, allowances, or discounts.
Credit Sales
Sales transactions where payment is not received at the time of purchase but is instead deferred to a later date.
Cash Sales
Transactions where goods or services are paid for with cash at the time of the sale.
Sales Discount
is a reduction in the listed price of a product or service offered to customers as an incentive to prompt payment.
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