Examlex
The statement of changes in equity is dependent on the results of
Credit to Cash
An accounting entry that indicates a decrease in an asset account, specifically reducing cash available.
Freight In
The cost associated with transporting goods into a warehouse or to the buyer, which is often included in the inventory cost of those goods.
Net Purchases
The total amount of purchases made by a business after subtracting returns, allowances, and discounts.
Cost of Goods Sold
The immediate expenditures associated with making the goods a company sells.
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