Accounts Payable and Receivable
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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What is a purchase order | a form used to order merchandise, suplies, or equipment from a business.
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amounts of money owned by a business to it's supplier for purchases made but not yet paid for is....? | Accounts payable
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What is a retailer? | a business that sells merchandise in a small quantities to consumers or the general public.
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what is a Item Invoice | a form used for billing a customer for supplies purchased.
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what do you do when you recieve a check in payment | you make sure it is for the right amount and then put it in your cashbook and sign you name on the back in pen.
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what should you always wright a check in | pen, never pencil
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a bill for a service or services performed is what....? | service invoice
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what is a commission | a fee earned on a percentage of the sale.
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Created by:
ryannweaver
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