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Rice Acctg Ch10 Set2
Maplewood Rice Acctg Ch 10 Set 2
Question | Answer |
---|---|
batch report | a report of credit card sales produced by a POS terminal |
batching out | the process of preparing a batch report of credit card sales |
cash receipts journal | a special journal to record only cash receipts transactions |
sales discount | a cash discount on sales taken by a customer |
sales return | credit allowed for the sales price of merchandise that is returned |
sales allowance | credit allowed for the sales price of merchandise that is not returned |
credit memorandum | a form showing the amount deducted for returns and allowances |