Inventory - The business would keep this in a warehouse., Quantity - Another word for number., Address - This would be on a purchase order form so that the supplier knows where to send the products to., Purchases - Products the business buys, Sales - Products the business sells, Income Statement - Shows whether the business has made a profit or a loss, Opening Inventory - Inventory at the start of the year, Value Added Tax - VAT, Delivery Fee - This cost is added on for transportation of inventory from the supplier, Discount - This would be removed from the total cost,

S1 Accounting

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