Across
- 3. a merchandising business that sells to those who use or consume the goods.
- 5. subledger in which is recorded all credit sales made by a business
- 6. time a cash discount is offered for a customer to make reduced payments
- 12. a period when something needs to be completed
- 15. highest price a customer will pay without discounts
- 16. journal where cash transaction are recorded
- 19. a deduction that a company may receive if the supplier offers it and the company pays the supplier's invoice within a specified period of time
- 20. reduction in the price of a product/service that is offered by the seller, in exchange for early payment by the buyer
Down
- 1. discount a manufactuor issues to a reseller
- 2. equity ownership of a corporation divided up into units
- 4. ledger used to keep track of money owed to a supplier/vendor
- 7. amount of money it takes to purchase goods
- 8. special accounting journal for sales
- 9. goods to be bought and sold
- 10. The report that summaries the cash and credit card sales of a point-of-sale terminal
- 11. assets one owns
- 13. amount added to cost of goods to cover profit
- 14. inventory that is available on sight of a business
- 17. supplier of goods or services
- 18. amount of shares a company can issue