A. Sales allowance B. Purchase return i. A customer returns merchandise for a full refund i1. A retailer receives a partial refund but keeps the defective merchandise C. Sales discount ii. A customer receives a partial refund but keeps the defective merchandise D. Purchase discount iv. A customer pays their account in full within the discount window v. A type of purchase discount negotiated between a manufacturer and a retailer before settlement on a final E. Sales return F. Trade discount G. Purchase allowance price vi. A retailer retums merchandise for a full refund vii. A retailer pays their account in full within the discount window
A. Sales allowance B. Purchase return i. A customer returns merchandise for a full refund i1. A retailer receives a partial refund but keeps the defective merchandise C. Sales discount ii. A customer receives a partial refund but keeps the defective merchandise D. Purchase discount iv. A customer pays their account in full within the discount window v. A type of purchase discount negotiated between a manufacturer and a retailer before settlement on a final E. Sales return F. Trade discount G. Purchase allowance price vi. A retailer retums merchandise for a full refund vii. A retailer pays their account in full within the discount window
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Match the terms , write the entire definitions in the spreadsheet.
Transcribed Image Text:corresponding délinilion.
A. Sales allowance
i. A customer returns merchandise for a full refund
II. A retailer receives a partial refund but keeps the
defective merchandise
1. A customer receives a partial refund but keeps the
defective merchandise
iv. A customer pays their account in full within the
discount window
v. A type of purchase discount negotiated between a
manufacturer and a retailer before settlement on a final
B. Purchase return
C. Sales discount
D. Purchase discount
E. Sales return
F. Trade discount
G. Purchase allowance
price
vi. A retailer retums merchandise for a full refund
vii. A retailer pays their account in full within the
discount window
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