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 What is the accounting term for the difference between list price&discounted price?

Answer The difference between the selling price, or listed price, of an item and the discounted price is known as the discount. For example, a widget sells for $100, but Firm A offers the widget to Firm B... Read More »
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What is the accounting term for the difference between a list price& a discounted price?

Accountants use the term "discount" to refer to the difference between the list price and the net price, or discounted price. It is the same thing as the list price multiplied by the discount rate.... Read More »
http://www.answerbag.com/q_view/2144367

What Is the Difference Between Short-Term & Long-Term Capital Gains and Losses?

Capital gains and losses are classified as "long-term" or "short-term" for income tax purposes. If an individual holds property for more than one year before selling it, the gain or loss on the sa... Read More »
http://www.ehow.com/info_8496217_difference-longterm-capital-gains-losses.html

What Does the Accounting Term GL Mean?

According to Dartmouth College, the accounting term GL stands for general ledger. A general ledger is a book that holds the individual accounting transactions of a company in a double-entry system ... Read More »
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What does the accounting term""in the red""mean?

The term "in the red" means a company is in debt and owes money to the bank or its creditors. The phrase has been used to describe a business's financial problems since the 1920s.DefinitionAny busi... Read More »
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