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The idea of midwifery in the United States is:
Sales Returns
Transactions where customers return previously purchased merchandise, leading to a deduction from the gross sales to arrive at the net sales figure.
Debit Balance
A situation where the total debits exceed the total credits in an account.
Merchandise
Goods that a business purchases to sell to customers in the ordinary course of its business; typically, items bought for resale.
Inventory
The raw materials, work-in-progress products, and fully finished goods that are considered to be the portion of a business's assets that are ready or will be ready for sale.
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