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Credit Term . h

h. The terms of purchase or sale as stated on the invoice

FOB destination . D

A situation in which the buyer takes ownership (tittle) at the de liverty desinaton point

i. invoice

i. seller’s request for cash from the purchaser

a. cost of good sold

a. The cost of the merchandise inventory that the business has sold to customers

b. purchase allowance

b. . An amount granted to the purchaser as an incentive to keep goods that are not “as ordered

G.FOB SHIPPING POINT

G. A situation in which the buyer takes title to the goods after the goods leave the seller’s place of business

wholesaler. E

E. A type of merchandiser that buys goods from manufacturers

and then sells them to retailers

F. purchase discount

f. A discount that businesses offer to purchasers as an incentive for early payment

C. retailer

c. A type of merchandiser that buys merchandise either from a manufacturer or a wholesaler and then sells those goods to consumers.

a. cash payments journal

a. cash purchase of merchindise inventory

b. cash recipts journal

b. collection of dividend revenue earned on an invetment

c. cash payment journal

c. pre-payment of insurance

d. cash receipts

d. Borrowing money on a long-term notes payable

e. general journal

e. Purchase of equipment on account

f. general journal

f. Cost of goods sold, along with a credit sale

g. cash recipts journal

Cash sale of merchandise inventory. g

cash payments journal . H

H. payment of rent

i. general journal

i. Depreciation of computer equipment

j. purchase journal

j. Purchase of merchandise inventory on account

k. cash receipts journal

k. Collection of accounts receivable

L . Expiration of prepaid insurance

L general journal

m. sale on account

m. sales journal

n . payment on account b

cash payment journal