Match the items below by choosing the appropriate code letter .
-A reduction given by the seller for prompt payment of a credit sale.
A) Net sales
B) Cash discount
C) Credit terms
D) Periodic inventory system
E) Gross profit ratio
F) Contra revenue
G) Freight-out
H) Gross profit
I) Sales invoice
J) Business activity statement
K) Input tax credit
L) Purchase discount
Correct Answer:
Verified
Q15: Complete the following statements:
-A useful measure for
Q16: Complete the following statements:
-A manufacturer acts as
Q17: Complete the following statements:
-The amount of goods
Q18: Your friend owns a small business supplying
Q19: Metal Music Ltd is a retail store
Q21: Match the items below by choosing the
Q22: Match the items below by choosing the
Q23: Match the items below by choosing the
Q24: Match the items below by choosing the
Q25: Match the items below by choosing the
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