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Mathematics 15 Online
OpenStudy (anonymous):

Can anyone help me with Accounting?! PLZ! Match the terms in column I with the descriptions in Column II: Potential Matches: 1 : journal used to record purchased merchandise with cash 2 : a journal used to record all cash receipts transactions 3 : the ability to pay at a later date 4 : a price reduction for damaged goods 5 : journal used to record merchandise purchased on account 6 : issued by corporations, such as American Express 7 : a temporary account under the cost of merchandise account 8 : one who buys on account and pays at a later date 9 : controlling account used for purchases made on credit 10 : guidelines and governing laws 11 : issued by a store to facilitates the sale on account 12 : time allowed for payment 13 : credit or ATM cards 14 : journal used to record cash payments on account 15 : amount deducted from original price 16 : a receipt prepared to indicate the source of the cash received from a customer 17 : lists items included in the shipment 18 : details of sales, such as date of sale and price 19 : journal used to record sales of merchandise on account 20 : controlling account used for customers who buy on credit Answer: A. the United Nation on contracts the international sale of goods B. accounts payable account C. credit option D. a non-bank credit card E. a store credit card F. a sales slip G. credit terms H. accounts receivable I. sales allowance J. cash receipt K. bank card L. a cash discount M. packing slip N. charge customer O. purchases account P. purchases journal Q. cash payment journal R. general journal S. sales journal T. cash receipt journal

OpenStudy (anonymous):

what is your question?

OpenStudy (anonymous):

Just Submitted It....

OpenStudy (anonymous):

I see...mainly basic terminology. Which one do you not know?

OpenStudy (anonymous):

All of them... I don't understand it

OpenStudy (anonymous):

I have a degree in accounting, so I am going to direct you to the glossary in your accounting book. These are very self explanatory. Also there is a Finance group on this site. Let me know if there is anyone that you can not locate from reading and your glossary.

OpenStudy (anonymous):

I don't have a glossary or a book. I take classes online.

OpenStudy (anonymous):

http://www.nysscpa.org/glossary/2#letterc

OpenStudy (abb0t):

It seems like someone already helped you out A LOT with your question, cynthia.

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