1. purchase or sale on credit. For example, the journal entry for a sale on account is to debit accounts receivable and credit sales.

2. partial payment on an obligation.100% APPORTIONED COST DRIVER type of cost driver that relies entirely on an informed estimator's judgment of how much cost should be traced to each cost object and to which cost objects. Does not provide rates per unit of the cost driver (for predictive planning).

1-2-3 integrated business computer program, developed by Lotus Development Corporation, that combines a spreadsheet program, a data base manager, and a graphic program. It is commonly used in accounting applications allowing for worksheet preparation, projections, and handling what-if scenarios.