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credit sales

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

Sales made on account. Sales where the customer is allowed to pay at a later date. Noncash sales.

Dictionary

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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