Multiple Choice
Select the one term that best fits each definition.
-A merchandising business that sells to those who use or consume the goods.
A) articles of incorporation
B) cash discount
C) contra account
D) controlling account
E) corporation
F) credit limit
G) general amount column
H) list price
I) periodic inventory
J) perpetual inventory
K) purchase order
L) retail merchandising business
M) requisition
N) schedule of accounts payable
O) share of stock
P) special journal
Q) stockholder
R) trade discount
S) terms of sale
T) wholesale merchandising business
Correct Answer:

Verified
Correct Answer:
Verified
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