Accounting Ch9-10

7. revenue earned from sales
9. he amount by which a manufacturer reduces the retail price of a product when it sells to a reseller
10. What you keep track of orders
17. A journal amount column headed with an account title
19. what you get when you pay before the deadline

1. the process of formally requesting a service or item
2. The difference between selling a good/service and its cost
3. shows the transaction and payment history of each customer to whom the business extends credit
4. purchase goods and then sell the goods to customers
5. When a price reduction is offered by the seller
6. a hardware system for processing card payments at retail locations
8. when someone holds a shar of a company
11. specialized accounting journal and it is referred to as the main entry book
12. listing of vendor accounts, account balances, and total amounts due all vendors
13. A percentage you have to pay to the state
14. The report that summarizes the cash and credit card sales of a point-of-sale terminal
15. Where you keep track of sales
16. when the ownership is divided up
18. A person who sells products