Examlex
Explain the three views of a database.
Sales
The total amount of revenue generated from the sale of goods or services by a company during a specific period.
Gross Method
An accounting method for recording purchases at the invoice price without deducting any cash discounts offered.
Sales Discounts
A reduction in the price of goods or services offered to customers to encourage prompt payment.
Discount Period
The time frame in which a payment can be made with a discount for early payment, often used in terms of sales and accounts receivable to encourage prompt payment.
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