Multiple Choice
Match the terms below with the correct definitions.
-Subsidiary ledger that presents the individual accounts of credit customers
A) FOB destination
B) Sales Returns and Allowances
C) Controlling account
D) Accounts receivable ledger
E) Subsidiary ledger
F) Purchases journal
G) Sales invoice
H) FOB shipping point
I) General journal
Correct Answer:

Verified
Correct Answer:
Verified
Q84: Match the terms below with the correct
Q85: The ledger that provides a separate record
Q86: Match the terms below with the correct
Q87: When merchandise previously sold is returned for
Q88: When recording sales of goods for cash,
Q90: Match the terms below with the correct
Q91: If the perpetual inventory system is used,
Q92: The spaces in the purchases journal used
Q93: Both wholesalers and retailers are types of
Q94: A contra-account that records the company's returns