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Rice Acctg Ch9 Set1

Maplewood Rice Acctg Ch 9 Set 1

QuestionAnswer
merchandise Goods that a business purchases to sell
merchandising business A business that purchases and sells goods
retail merchandising business A merchandising business that sells to those who use or consume goods
wholesale merchandising business A business that buys and resells merchandise to retail merchandising businesses
corporation An organization with the legal rights of a person which many persons own
share of stock Each unit of ownership in a corporation
capital stock Total shares of ownership in a corporation
stockholder an owner of one or more shares of a corporation
Popular Accounting sets

 

 



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