Carbon fixation stage in photosynthesis. The carbon fixation stage occurs in the stroma and results in the production of glucose [glucose: a simple sugar made by the body from food, which is used by cells to make energy in respiration] .
Retailers receive allowances from vendors through a variety of programs and arrangements. Vendor allowances are generally intended to offset the retailerâs costs of selling the vendorsâ products in its stores. These allowances can be grouped into the following broad categories: buying allowances and promotional allowances.
Most vendor allowances are accounted for as a reduction of the cost of the merchandise inventory and recorded at the time the allowances are earned. The allowances are generally recognized as a reduction in cost of goods sold at the time the related inventory is sold. Some vendor allowances are accounted for as other income or as a reduction to a particular expense at the time the retailer incurs the expense eligible for reimbursement.