ADJUSTMENTS TO GROSS SALES Definition

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Adjustments will vary dependent upon how the company accounts for its revenue and exceptional transactions. Enter the amount for "Adjustments to Gross Sales", or its equivalent, as reported in the company's financial reporting document in 1,000's. Enter a zero for no adjustments.

Learn new Accounting Terms

ROCC is an acronym for Return On Committed Capital.

RESERVE is an accounting entry that properly reflects contingent liabilities.

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