Define sale
Define the meaning of sale in Accountancy?
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Sale: In accounting, sale means to sell the inventory of company. This reduction of inventory and for computing gross profit, we remove operating expenses from it. This is as well aim of business to sell the products of company. It’s another name is total revenue that we can compute by multiplying sale price with the quantity of goods sold.
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General Instructions: In composing your responses to all tasks, please use full sentences and pay careful attention to spelling, grammar, punctuation, and clarity of expression. Both the content of your work and its present
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