merchandise so that the customer will buy, and store makes it profit. O 3. Discuss accrual accounting principles and apply these to a business that you: work for, have worked for, have observed, or have researched. Provide specifics and ensure that your responses are unique. 4. Discuss the practice of purchase/payment discounts. What relationship does accounts payable have to this activity? 5. What is shrinkage? Select a business and provide examples of internal and external shrinkage occurring in that business. How can those be mitigated? Ensure that your posting is unique from your classmates' posts. D. Focus