Accounting Chapter 14
Across
- 2. A bill sent by the supplier to the buyer for goods or services provided.
- 8. A written offer to a supplier to buy specified items.
- 10. A fee charged by a bank for processing bankcard sales slips.
- 13. The return of merchandise bought on account to the supplier for full credit.
- 14. A form that lists the items included in a shipment.
- 15. A form used to notify a supplier of a return or request an allowance.
- 16. A shipping term meaning the supplier pays for delivery to the buyer's location.
- 17. A file with folders for each day of the month, used to organize invoices by due date.
- 18. : The actual cost to a business of the merchandise sold to customers.
Down
- 1. A shipping term meaning the buyer pays for shipping from the supplier’s location.
- 3. The date by which an invoice must be paid.
- 4. The amount paid for insurance, often recorded in the Prepaid Insurance account.
- 5. : The time period within which an invoice must be paid to receive a discount.
- 6. : A cash discount received by the buyer for early payment of an invoice.
- 7. A stamp placed on an invoice that outlines the steps to process it for payment.
- 9. : An account used to record the cost of merchandise purchased during a period.
- 11. A price reduction for keeping unsatisfactory merchandise.
- 12. A written request that a specified item or items be ordered.