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Budgeted Sales
The projected amount of sales revenue a company expects to receive within a specific period, as part of its financial planning process.
Credit Sales
Credit sales are transactions where the customer purchases goods or services on account, agreeing to pay the supplier at a later date.
Finished Goods Inventory
The stock of completed products that are ready to be sold by a company.
Raw Materials Inventory
The stock of basic materials that are used in the manufacturing process and are awaiting to be processed.
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