Chapter 6 terms Word Scramble

 
 

 
 
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Play the classic guessing game
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Teachers & Webmasters: If you would like a word scramble activity on your web page for a particular word, enter the word in the space below, then click generate script. Then copy the script below and paste it into your web page.
 
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Chat about Accounting
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Acctg Ch 6 Definitions
Cost of Merchandise SoldThe cost is reported as en expense when merchandise is sold.
Gross ProfitSales - CMS
Merchandise InventoryUnsold merchandise at end of an acctg period.
Net IncomeGross Profit - Operating expenses
SalesThe total amt charged customers for mdse sold, including cash sales and sales acct.
Sales Ret. & Allow.From the seller's view, returned mdse or an adjmnt. for defective mdse.
Sales DiscountFrom the seller's view, discounts that a seller may offer the buyer for early payment.
Net Sales- sales ret. & allow. and sales discounts from sales.