NET PURCHASES Definition

Bookmark and Share

NET PURCHASES are those items purchased less returns, discounts and allowances on those purchases.

Learn new Accounting Terms

SPIN-OFF is a type of corporate reorganization in which the original corporation transfers some of its assets to a newly formed corporation. In exchange for the spun off assets, the original corporation receives all of the new corporations capital stock, which it then distributes to its shareholders as a property dividend.

BALBOA is the currency of Panama.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.