Examlex
Which sociologist is associated with the concepts of the dramaturgical approach,impression management,and face-work?
Discount Recognized
The process of recording in the financial accounts the discount received or given on transactions, affecting the actual value recorded.
Periodic Inventory System
An inventory accounting practice where physical counts are performed at specific intervals to determine the cost of goods sold and ending inventory levels.
Voucher System
A method for processing accounts payable where a document (voucher) is prepared for every payable transaction, detailing the goods or services received, amounts to be paid, authorization, and accounts to be charged.
Net Method
An accounting method for recording purchases at the net of any trade discounts or rebate.
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