At year-end credit sales amounted to £1,300.
Financial and business terms. 2012.
credit — cred·it 1 n 1: recognition see also full faith and credit 2 a: the balance in an account which may be drawn upon and repaid later compare loan … Law dictionary
sales account — ➔ account1 * * * sales account UK US noun [C] ► ACCOUNTING a record of the total cash or credit sales for a particular period: »Enter it in the books as a credit to the sales account. ► COMMERCE a customer that a business sells its products to:… … Financial and business terms
credit sale — The sale of goods, which immediately become the property of the customer, but where the price is payable by instalments. HM Customs & Revenue Glossary * * * credit sale credit sale ➔ sale * * * credit sale UK US noun [C] ► COMMERCE a sale of a… … Financial and business terms
credit — an entry made on the right hand side of an account and indicating a gain to a liability, owner s equity or revenue account. Glossary of Business Terms money loaned. Bloomberg Financial Dictionary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1.… … Financial and business terms
Credit — Money loaned. The New York Times Financial Glossary * * * ▪ I. credit cred‧it 1 [ˈkredt] noun 1. [uncountable] COMMERCE an arrangement with a shop, supplier etc to buy something now and pay for it later: • They are saving for new furniture… … Financial and business terms
sales account — An account used to record cash and credit sales transactions resulting from the sale of goods or services … Accounting dictionary
sales account — An account used to record cash and credit sales transactions resulting from the sale of goods or services … Big dictionary of business and management
credit sale — A sale made on terms in which cash is to be paid at an agreed future date. As the debtors, who are customers to whom credit sales have been made, pay, the debtors control account balance will be reduced … Accounting dictionary
Sales taxes in the United States — are a tax added onto the price of goods or services that are purchased in the United States. A sales tax is a tax on consumption, which is displayed as a percentage of the sale price. Sales taxes are assessed by every state except Alaska,… … Wikipedia
Credit insurance — is a term used to describe both business credit insurance (a.k.a. trade credit insurance) and consumer credit insurance, e.g., credit life insurance, credit disability insurance (a.k.a. credit accident and health insurance), and credit… … Wikipedia
