| No. | English | Farsi | Pashto | Subject |
|---|---|---|---|---|
| 541 | profit from operations: gross profit less operating expenses. | - | - | Accounting |
| 542 | perpetual inventory system: a system of determining cost of goods sold by recording details of each inventory purchase and amount, and then assigning a cost to each item as it is sold. There are several methods that can be used to assign cost of goods sold: specific identification, first-in, first-out (FIFO) and weighted average. | - | - | Accounting |
| 543 | periodic inventory system: a system for determining cost of goods sold by recording only purchases during the period, and then deducting the ending inventory from cost of goods available for sale. A physical count of the inventory at the end of the period provides the ending inventory amount. | - | - | Accounting |
| 544 | operating expenses: expenses incurred to produce revenue that are not product costs. | - | - | Accounting |
| 545 | net sales: total sales less sales returns and allowances and sales discounts. | - | - | Accounting |
| 546 | net purchases: total cost of purchases less purchase returns and allowances and purchase discounts. | - | - | Accounting |
| 547 | gross sales: total sales before deducting sales returns and allowances and sales discounts. | - | - | Accounting |
| 548 | gross profit margin: gross profit percentage = gross profit divided by net sales. Expresses what percentage of sales was left after deducting the cost of goods sold; percentage of sales available to cover operating expenses and profit. | - | - | Accounting |
| 549 | gross profit: sales revenue less cost of goods sold. | - | - | Accounting |
| 550 | FOB shipping point: ownership is transferred to the buyer when the goods are released to the shipper from the seller. The buyer is responsible for any costs incurred during transit (e.g. shipping costs, insurance, damages). | - | - | Accounting |
| 551 | FOB destination: ownership transfers from the seller to the buyer when the merchandise is accepted by the buyer at the requested destination. The seller is responsible for any costs incurred while the goods are in transit (e.g. shipping costs, insurance). | - | - | Accounting |
| 552 | cost of goods sold: the actual cost of the merchandise sold during the period. Cost of goods sold = beginning inventory + net purchases - ending inventory. | - | - | Accounting |
| 553 | cost of goods purchased: the actual cost of the merchandise purchased, plus freight-in, less any purchase returns and allowances. | - | - | Accounting |
| 554 | cost of goods available for sale: the goods on hand at the beginning of a period plus all the purchases during the period. Represents the cost of all the inventory that could be sold during the period. | - | - | Accounting |
| 555 | control account: an account in the general ledger that summarizes the entries in a subsidiary journal into one journal entry. | - | - | Accounting |