Chapter 8 LH is GR8 -- KB

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Across
  1. 3. / Amount added to the cost of merchandise in order to make a profit
  2. 7. merchandise / A business that sells to consumers
  3. 8. account / An account that reduces a related account
  4. 9. / A business that resells merchandise to retailers
  5. 10. / Organization with legal rights of a person
  6. 11. price / Retail list price
  7. 12. of sale / Agreement btw buyer and seller
  8. 14. / Business from whom the merchandise is bought from
Down
  1. 1. discount / A reduction in list price (sale)
  2. 2. journal / Records only one type of transxn
  3. 4. concern / Business expects to be in business for several years
  4. 5. / Goods a business buys to sell
  5. 6. return / Credit allowed for returning of merchandise
  6. 10. payments / Journal used for only cash payments
  7. 13. of merchandise / Price a business pays for goods it plans to sell