Accounting CH 9-10 Vocab

2. A column that only displays purchases.
5. A unit of the businesses equity.
7. A list of vendors that your company owes money to.
9. Type of special journal that handles purchases of merchandise on account.
11. A deduction a customer gets if they pay within a certain window of time.
12. Ressuppling the businesses merchandise.
13. A reduction in the price that is offered for goods or products sold.
15. Business that sells merchandise to consumers.
16. Someone who owns stock in the company.
17. This type of ledger stores information for a general ledger controlling account.

1. Someone who supplies goods to another business.
3. Type of ledger that shows the payment history of customers the business sells goods to on account.
4. Type of business who only sells to retail stores.
6. The amount that a producer reduces the price of something when selling to a reseller.
8. Type of journal focused on transactions involving cash.
10. The tax a business must impose on its customers to supply the state with revenue.
13. A journal used specifically for the recording of certain transactions.
14. Conditions of a sale that are agreed upon by both parties involved in the sale.