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  2. Blanket order - Wikipedia

    en.wikipedia.org/wiki/Blanket_order

    Blanket order. A blanket order, blanket purchase agreement or call-off order [1] is a purchase order which a customer places with its supplier to allow multiple delivery dates over a period of time, often negotiated to take advantage of predetermined pricing. It is normally used when there is a recurring need for expendable goods.

  3. Chart of accounts - Wikipedia

    en.wikipedia.org/wiki/Chart_of_accounts

    v. t. e. A chart of accounts ( COA) is a list of financial accounts and reference numbers, grouped into categories, such as assets, liabilities, equity, revenue and expenses, and used for recording transactions in the organization's general ledger. Accounts may be associated with an identifier (account number) and a caption or header and are ...

  4. Zero-rated supply - Wikipedia

    en.wikipedia.org/wiki/Zero-rated_supply

    In economics, zero-rated supply refers to items subject to a 0% VAT tax on their input supplies. The term is applied to items that would normally be taxed under valued-added systems such as Europe 's Value Added Tax (VAT) or Canada 's Goods and Services Tax (GST). Examples of these items include most exports, basic groceries, and prescription ...

  5. European Union value added tax - Wikipedia

    en.wikipedia.org/wiki/European_Union_value_added_tax

    The EU VAT is based on the "destination principle": the value-added tax is paid to the government of the country in which the consumer who buys the product lives. Businesses selling a product charge the VAT and the customer pays it. When the customer is a business, the VAT is known as an "input VAT." When a consumer purchases the end product ...

  6. Debits and credits - Wikipedia

    en.wikipedia.org/wiki/Debits_and_credits

    e. Debits and credits in double-entry bookkeeping are entries made in account ledgers to record changes in value resulting from business transactions. A debit entry in an account represents a transfer of value to that account, and a credit entry represents a transfer from the account. [ 1][ 2] Each transaction transfers value from credited ...

  7. Controlling account - Wikipedia

    en.wikipedia.org/wiki/Controlling_account

    In accounting, the controlling account (also known as an adjustment or control account [1]) is an account in the general ledger for which a corresponding subsidiary ledger has been created. The subsidiary ledger allows for tracking transactions within the controlling account in more detail. Individual transactions are posted both to the ...

  8. Bookkeeping - Wikipedia

    en.wikipedia.org/wiki/Bookkeeping

    Bookkeeping is the recording of financial transactions, and is part of the process of accounting in business and other organizations. [ 1] It involves preparing source documents for all transactions, operations, and other events of a business. Transactions include purchases, sales, receipts and payments by an individual person or an ...

  9. Doomsday dinners: Costco sells 'apocalypse bucket' with food ...

    www.aol.com/news/doomsday-dinners-costco-sells...

    July 18, 2024 at 9:41 AM. Angus Mordant. It's the end of the world as we know it and I feed fine — because Costco has an emergency dinner kit, dubbed online as "the apocalypse bucket," that ...

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