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transaction where the business delays payment to a future date and goes into debt to buy items.
the relative value of a transaction. Auditors decide on a certain amount for transactions for an...
entry in the left-hand side of an accounting record using the double entry principle. A debit...
(also called profit margin) the percentage the business adds to the cost price in order to reach...
a financial plan that shows how much money is available and how it will be spent