Purchases and Cash Payments
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Purchase Requisition | show 🗑
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show | written offer to a supplier to buy certain items.
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Packing slip | show 🗑
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Purchases discount | show 🗑
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Discount period | show 🗑
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Purchases account | show 🗑
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show | an individual account for each supplier or creditor, and is summarized in the general ledger controlling account.
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show | merchandise returned by the business to the supplier for full credit.
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show | merchandise kept by business but price reduced by supplier because merchandise was not satisfactory.
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show | the asset account that records the payment of an insurance premium.
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show | the advanced payment of an insurance policy.
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FOB destination | show 🗑
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show | the buyer pays the shipping cost.
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bankcard fee | show 🗑
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show | notifies suppliers of a return or to request and allowance of merchandise purchased.
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Accounts Payable | show 🗑
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Cost of Merchandise Accounts | 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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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:
rweynand
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