Match the terms with the definitions.
-Merchandise returned by a customer for a refund.
A) accounts receivable ledger
B) cash discounts
C) controlling account
D) credit memo
E) merchandising business
F) sale
G) sales allowances
H) sales discounts
I) sales invoice
J) sales return
K) sales ticket
L) schedule of accounts receivable
Correct Answer:
Verified
Q36: The account in which the revenue earned
Q37: The sales account is a revenue account.
Q38: While sales returns and allowances can be
Q39: To a seller, cash discounts are considered
Q40: A summary accounts receivable account is called
Q42: During the month of September, the
Q43: To enter a cash sale, the journal
Q44: Match the terms with the definitions.
-A transfer
Q45: Match the terms with the definitions.
-A document
Q46: Match the terms with the definitions.
-A summary
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