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Accounting Terms Dictionary

Select a letter below to view all accounting terms that begin with that letter.

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Spoilage

Scrap or Waste.

The rotten food a restaurant throws out is spoilage. Scraps of unusable metal thrown out by a metal fabricator are spoilage. Normal spoilage is deducted from revenue as part of the cost of goods sold.

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Spoilage

Accounting Terms Dictionary

Spoilage

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