Welcome to StudyStack, where users create FlashCards and share them with others. Click on the large flashcard to flip it over. Then click the green, red, or yellow box to move the current card to that box. Below the flashcards are blue buttons for other activities that you can try to study the same information.
Test Android StudyStack App
Please help StudyStack get a grant! Vote here.
or...
Reset Password Free Sign Up

Free flashcards for serious fun studying. Create your own or use sets shared by other students and teachers.


incorrect cards (0)
correct cards (0)
remaining cards (0)
Save
0:01
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the Correct box, the DOWN ARROW key to move the card to the Incorrect box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

Correct box contains:
Time elapsed:
Retries:
restart all cards


Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

TVS Accounting1-10

Accounting 1 Chapter 10

QuestionAnswer
A person or business to whom merchandise or services are sold Customer
A tax on a sale of merchandise or services Sales Tax
A special journal used to record only sales of merchandise on account Sales Journal
When revenue is recorded at the time goods or services are sold Realization of Revenue
When an invoice is used as a source document Objective Evidence
A sale in which cash is received for the total amount of the sale at the time of the transaction Cash Sale
A sale in which a credit card is used for the total amount of the sale at the time of the transaction Credit Card Sale
A computer used to collect, store, and report all the information of a sales transaction Point-of-sale Terminal (POS)
The report that summarizes the cash and credit card sales of a point-of-sale terminal Terminal Summary
A report of credit card sales produced by a point-of-sale terminal Batch Report
The process of preparing a batch report of credit card sales from a point-of-sale terminal Batching Out
A special journal used to record only cash receipt transaction Cash Receipts Journal
A cash discount on sales taken by a customer Sales Discount
Credit allowed a customer for the sale price of returned merchandise, resulting in a decrease in the vendor's accounts receivable Sales Return
Credit allowed a customer for part of the sales price of merchandise that is not returned, resulting in a decrease in the vendor's accounts receivable Sales Allowance
A form prepared by the vendor showing the amount deducted for returns and allowances Credit Memorandum
Created by: TammieVanScyoc on 2013-04-24



bad sites Copyright ©2001-2014  StudyStack LLC   All rights reserved.