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Author Question: Match the following terms with their definitions or descriptions.1.________ Accounts receivable ... (Read 118 times)

joblessjake

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on: Nov 11, 2019
Match the following terms with their definitions or descriptions.
1.________ Accounts receivable subsidiary ledger
2.________ Cash receipts journal
3.________ Controlling account - Accounts Receivable
4.________ Credit memorandum
5.________ Credit period
6.________ Crossfooting
7.________ Discount period
8.________ Gross sales
9.________ Sales Returns and Allowances
10.________ Sales Tax Payable
a. The revenue earned from the sale of merchandise to customers.
b. The process of proving the total debit and credit columns of a special journal.
c. A business form sent to a customer indicating the seller is reducing the amount owed.
d. A special journal that records all receipts of cash.
e. A period shorter than the credit period to encourage early payment by customers.
f. Length of time allowed for payment of goods sold on account.
g. The Accounts Receivable account in the general ledger.
h. A book or file of the individual records of amounts owed by credit customers.
i. Contra revenue account that records adjustments granted to customers for returns.
j. An account that accumulates sales tax owned.
College Accounting: A Practical Approach ¦ Slater, Zwicker ¦ 12th Edition
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Marked as best answer by joblessjake on Nov 11, 2019

britb2u

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Reply #1 on: Nov 11, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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joblessjake

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Reply 2 on: Nov 11, 2019
Great answer, keep it coming :)

bigcheese9

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Reply 3 on: Yesterday
Excellent

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