ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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CONTRIBUTED CAPITAL Definition

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CONTRIBUTED CAPITAL see PAID-IN-CAPITAL.

 

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TEST COUNT, in inventory audits, is where a test count is inventory counted by the auditors to check the client's count.

SALES & MARKETING EXPENSE normally includes: salaries, commissions, and benefits to sales and marketing personnel, co-op advertising allowances to customers, advertising, warehouse costs, and shipping costs.


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