Examlex
What causes Zellweger's syndrome? What do the peroxisomes of ZS patients look like?
Perpetual Inventory Method
An accounting practice where the inventory records are updated immediately after every addition or subtraction, providing a continuously accurate inventory level.
Journalize
The act of recording business transactions in the chronological accounting record known as the journal.
Terms 2/10, N/30
A payment term indicating that a buyer can take a 2% discount on the invoice amount if the payment is made within 10 days; otherwise, the full invoice amount must be paid within 30 days.
Perpetual Inventory Method
The perpetual inventory method is a system of accounting for inventory that continuously updates the quantity and value of inventory items after every transaction.
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