Profit Essay Examples

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profit, in a merchandising business. All expenses incurred during the business operation are then deducted from the total gain to obtain the net profit. Purchases made after the sale of merchandise and recorded as inventory. Other records include returns for returned purchases and sales of merchandise. In a merchandise business, discounts are offered to customers to encourage to pay earlier. Shipping of merchandise requires either the buyer or the seller to pay for the shipment expenses depending on the destinations and the agreement between the two parties. A seller in a merchandising business must record two adjusting entries for allowances and expected returns. Importance of the Topic Covered...

profits the clinic must order based on the needs and in this case the amount of patients. 4000 has a higher probability of...

  • Words: 1100
  • Pages: 4
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