Examlex
A quasi contract is not enforceable by a court.
Debit
An accounting entry that increases asset or expense accounts, or decreases liabilities or equity accounts, recorded on the left side of an accounting ledger.
Merchandise Inventory
Goods and products that a retailer or wholesaler has on hand to sell to customers.
Buyer
A person or organization that purchases goods or services for personal use or consumption.
Asset
Assets possessed by a corporation that hold financial worth and can yield advantages in the future.
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