Ch. 19 vocab.
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | Realization of Revenue
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| show | Sales discount
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| show | 1/10,n/30
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| Credit allowed a customer for the sales price of returned merchandise, resulting in a decrease in the vendor's accounts receivable. | show 🗑
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| show | Sales allowance
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| show | Credit memorandum
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| show | Objective evidence
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| For all sales of merchandise on account. | show 🗑
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| For all cash receipts. | show 🗑
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| Goods or services shipped out of a seller's home country to a foreign country. | show 🗑
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| Goods or services bought from a foreign country and brought into a buyer's home country. | show 🗑
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| A document that details all the terms agreed to by seller and buyer for a sales transaction. | show 🗑
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| A letter issued by a bank guaranteeing that a named individual or business will be paid a specified amount provided stated conditions are met. | show 🗑
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| A receipt signed by the authorized agent of a transportation company for merchandise received that also serves as a contract for the delivery of the merchandise. | show 🗑
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| A statement prepared by the seller of merchandise addressed to the buyer showing a detailed listing and description of merchandise sold, including prices and terms. | show 🗑
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| A written, signed, and dated order from one party ordering another party, usually a bank, to pay money to a third party. | show 🗑
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| show | Sight draft
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| A draft that is payable at a fixed or determinable future time after it is accepted. | show 🗑
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| show | Trade acceptance
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| Value added tax - national added tax | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
mmincy
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