SELL-THROUGH ACCOUNTING Definition

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SELL-THROUGH ACCOUNTING is where revenue is not recognized until after the product has been subsequently shipped from the wholesalers. See SELL-IN ACCOUNTING.

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COST PRINCIPLE is the principle where a company is obliged to record its fixed assets at their actual purchase price or production cost.

SERVICE CHARGE is an additional charge for a service for which there is already a basic fee; also called service fee.

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