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

ACQUISITION COST is the amount, net of both trade and cash discounts, paid for property, plus transportation costs and ancillary costs.

EXPENDITURE is a cost incurred in the normal course of business to generate revenues. See expenses.

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