ADJUNCT ACCOUNT is an account that accumulates either additions or subtractions to another account. Thus the original account may retain its identity. Examples include premiums on bonds payable, which is a contra account to bonds payable; and accumulated depreciation, which is an offset to the fixed asset.
BOM see BILL OF MATERIALS.
RECEIPT is a written acknowledgment that a specified article, sum of money, or shipment of merchandise has been received.
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