accounting chapter 9

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Across
  1. 5. a petty cash on hand amount that is less than a recorded amount
  2. 8. A merchandising business that sells to those who use or consume the goods
  3. 10. A business that buys and resells merchandise to retail merchandising business
  4. 12. petty cash on hand amount that is more than a recorded amount
  5. 15. Total shares of ownership in a corporation
  6. 16. credit allowed for part of the purchase price of merchandise that is not returned resulting in a decrease in the costomer's accounts payable
  7. 19. the price a business pays for goods it purchases to sell
  8. 20. A journal used to record only one kind of transaction
Down
  1. 1. a form prepared by the costumer showing the price deduction taken by the customer for returns and allowances
  2. 2. a special journal used to record only purchased of merchandise on account
  3. 3. goods that business purchases to sell
  4. 4. A business that purchases and sells goods
  5. 6. a business from which merchandise is purchased or supplies or other assets are bought
  6. 7. a return of goods from the buyer to the sell for cash or credit
  7. 9. Each unit of ownership in a corporation
  8. 11. a journal amount column head with an account title
  9. 13. the amount added to the cost to determine the asking price
  10. 14. A transaction in which the merchandise purchased is to be paid for later
  11. 17. An owner of one or more shares of a corporation
  12. 18. An organization with the legal rights of a person and which many persons may own