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Match each phrase with its definition. Goods a company owns and expects to sell to its customers. Time period that can pass before a customer's
Match each phrase with its definition.
Goods a company owns and expects to sell to its customers.
Time period that can pass before a customer's full payment is due.
Seller's description of a cash discount granted to buyers in return for early payment.
Ownership of goods is transferred when the seller delivers goods to the carrier.
Purchaser's description of a cash discount received from a supplier of goods.
Difference between net sales and the cost of goods sold.
Time period in which a cash discount is available.
Ownership of goods is transferred when delivered to the buyer's place of business.
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