WHOLESALE Definition

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WHOLESALE is the selling of goods to retail merchants; usually in large quantities for resale to consumers.

Learn new Accounting Terms

RECEIVABLES TURNOVER see ACCOUNTS RECEIVABLE TURNOVER.

DEBIT is a record of an indebtedness; specifically : an entry on the left-hand side of an account constituting an addition to an expense or asset account or a deduction from a revenue, net worth, or liability account.

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