ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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PROGRESSIVE TAX Definition
PROGRESSIVE TAX is an income tax system to where the more income that is made the higher the tax percentage that must be paid.
Learn new Accounting Terms
OUT-OF-P0CKET are expenses requiring an outlay of cash in a given time period, e.g., payroll, advertising and other operating expenses, but not depreciation.
NET SALES is gross sales less discounts, allowances, sales returns, freight out, etc.
