Goods that a business purchases to sell

A business that purchases and sells goods

A merchandising business that sells to those who use or consume the goods

A business that buys and resells merchandise to retail merchandising businesses

An organization with the legal rights of a person and which many persons may own

Each unit of ownership in a corporation

Total shares of ownership in a corporation

An owner of one or more shares of a corporation

A journal used to record only one kind of transaction

The price a business pays for goods it purchases to sell

The amount added to the cost of merchandise to establish the selling price

A business from which merchandise is purchased or supplies or other assets are bought

A transaction in which the merchandise purchased is to be paid for later

A special journal used to record only purchases of merchandise on account

A journal amount column headed with an account title

An invoice used as a source document for recording a purchase on account transaction

An agreement between a buyer and a seller about payment for merchandise

A special journal used to record only cash payment transactions

A deduction that a vendor allows on the invoice amount to encourage prompt payment

A cash discount on purchases taken by a customer

A journal amount column that is not headed with an account title

The retail price listed in a catalog or on an Internet site

A reduction in the list price granted to customers

An account that reduces a related account on a financial statement

A petty cash on hand amount that is less than a record amount

A petty cash amount that is more than a record amount

Credit allowed for the purchase price of returned merchandise, resulting in a decrease in the customer's accounts payable

Credit allowed for part of the purchase price of merchandise that is not returned, resulting in a decrease in the customer's account payable

A form prepared by the customer showing the price deduction taken by the customer for returns and allowances