Examlex
The _____ is a widely used self-administered value inventory that is divided into two parts: where the first half of the measurement instrument deals with ends, while the second half considers means.
Operating Expense Section
A part of the income statement that lists expenses related to the day-to-day operations of a business, excluding the cost of goods sold.
Wholesaler
An intermediary entity in the distribution channel that buys goods in bulk from manufacturers and sells them to retailers or other businesses, but not directly to consumers.
Contra Account
A contra account is an account used in the general ledger to reduce the value of a related account when the two are netted together.
Accumulated Depreciation
The total amount of a company's asset value that has been allocated as depreciation expense since the asset was put into use.
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