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Montessori schools focus on using materials and projects in such a way that children have a strong sense of accomplishment.
Perpetual Inventory System
This accounting practice immediately logs the sale or acquisition of inventory via computerized point-of-sale systems and software for managing enterprise assets.
Accounts Payable
Short-term debts or obligations a company owes to its suppliers or creditors for goods and services received.
Sales Returns and Allowances
Deductions from a company's sales revenue that account for returned goods and discounts or allowances given to customers.
Purchase Discounts
Reductions in the purchase price of goods, services, or assets, usually offered as an incentive for prompt payment.
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