accounting chapter 9
Across
- 5. a petty cash on hand amount that is less than a recorded amount
- 8. A merchandising business that sells to those who use or consume the goods
- 10. A business that buys and resells merchandise to retail merchandising business
- 12. petty cash on hand amount that is more than a recorded amount
- 15. Total shares of ownership in a corporation
- 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
- 19. the price a business pays for goods it purchases to sell
- 20. A journal used to record only one kind of transaction
Down
- 1. a form prepared by the costumer showing the price deduction taken by the customer for returns and allowances
- 2. a special journal used to record only purchased of merchandise on account
- 3. goods that business purchases to sell
- 4. A business that purchases and sells goods
- 6. a business from which merchandise is purchased or supplies or other assets are bought
- 7. a return of goods from the buyer to the sell for cash or credit
- 9. Each unit of ownership in a corporation
- 11. a journal amount column head with an account title
- 13. the amount added to the cost to determine the asking price
- 14. A transaction in which the merchandise purchased is to be paid for later
- 17. An owner of one or more shares of a corporation
- 18. An organization with the legal rights of a person and which many persons may own