Maplewood Rice Acctg Vocab Ch 10
Help!
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| A business in which two or more persons combine their assets and skills | partnership
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| Each member of a partnership | partner
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| A business that purchases and sells goods | merchandising business
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| A merchandising business that sells to those who consume or use goods | retail merchandising business
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| Goods that a merchandising business purchases to sell | merchandise
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| A business that buys and resells merchandise to retail merchandising buinesses | wholesale merchandising business
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| The price a business pays for goods it purchases to sell | cost of merchandise
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| The amount added to the cost of merchandise to establish the selling price | markup
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| A business from which merchandise is purchased or supplies or other assets are bought | vendor
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| A invoice used as a source document for recording a purchase on account | purchase invoice
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| An agreement between a buyer and a seller about payment for merchandise | terms of sale
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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.
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.
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:
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