Match the Items Below by Choosing the Appropriate Code Letter

Multiple Choice

Match the items below by choosing the appropriate code letter .
-Sales less sales returns and allowances and cash discounts.

A) Net sales
B) Cash discount
C) Credit terms
D) Periodic inventory system
E) Gross profit ratio
F) Contra revenue
G) Freight-out
H) Gross profit
I) Sales invoice
J) Business activity statement
K) Input tax credit
L) Purchase discount