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The perception of space and depth caused chiefly by the fact that the eyes receive different images is known as
Perpetual Inventory Method
An inventory accounting system that records the sale or purchase of inventory in real-time through the use of computerized point-of-sale systems and enterprise asset management software.
General Journal Entries
General journal entries are the initial records of financial transactions in the double-entry accounting system, entered in the general journal.
Terms 2/10, N/30
A set of credit terms that offer a discount of 2% if payment is made within 10 days; otherwise, the full invoice amount is due within 30 days.
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