Accounting for Merchandising Operations Crossword Puzzle

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RETAILER : This is a term for a business or person that sells goods to the consumer, as opposed to a wholesaler or supplier.
DEBIT NOTE : This is a document sent by a buyer to its seller, or, in other words, a customer to the vendor, notifying that a debit has been made to their account.
CREDIT NOTE : This is a document sent by a seller to its buyer, or, in other words, a vendor to the customer, notifying that a credit has been provided to their account.
FREIGHT IN : This is the transportation cost to ship goods into the buyer's warehouse.
CASH DISCOUNT : This is a deduction allowed by some sellers of goods or by some providers of services in order to motivate customers to pay within a specified time.
CREDIT SALE : This is a sale in which cash is not received at the time of the transaction. The goods are given on credit for the customer to pay at a later date.
FOB DESTINATION : This term means that the seller pays shipping costs and remains responsible for the goods until the buyer takes possession.
CASH SALE : This is a sale in which cash is received for the total amount of the sale at the time of the transaction.
ACCOUNTS PAYABLE : This is money owed by a company to its creditors.
PURCHASE RETURN : These are transactions where the buyer returns goods back to the seller.
ACCOUNTS RECEIVABLE : This is money owed to a company by its debtors.
WHOLESALER : This is a person or company that sells goods in large quantities at low prices, typically to retailers.
SALES RETURN : These are transactions where the seller accepts goods back from the buyer.
PURCHASE ORDER : This is a commercial document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.
SALES INVOICE : This is a document that provides details about the goods or services sold, their quantities, and prices.
FREIGHT OUT : This is the transportation cost to ship goods out of the seller's warehouse to the customer.
TRADE DISCOUNT : This is a reduction in the list price granted to customers.
INVENTORY : This is the term for the merchandise that a retail business has on hand.

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QUESTIONS LIST:

retailer : this is a term for a business or person that sells goods to the consumer, as opposed to a wholesaler or supplier.
debit note : this is a document sent by a buyer to its seller, or, in other words, a customer to the vendor, notifying that a debit has been made to their account.
credit note : this is a document sent by a seller to its buyer, or, in other words, a vendor to the customer, notifying that a credit has been provided to their account.
freight in : this is the transportation cost to ship goods into the buyer's warehouse.
cash discount : this is a deduction allowed by some sellers of goods or by some providers of services in order to motivate customers to pay within a specified time.
credit sale : this is a sale in which cash is not received at the time of the transaction. the goods are given on credit for the customer to pay at a later date.
fob destination : this term means that the seller pays shipping costs and remains responsible for the goods until the buyer takes possession.
cash sale : this is a sale in which cash is received for the total amount of the sale at the time of the transaction.
accounts payable : this is money owed by a company to its creditors.
purchase return : these are transactions where the buyer returns goods back to the seller.
accounts receivable : this is money owed to a company by its debtors.
wholesaler : this is a person or company that sells goods in large quantities at low prices, typically to retailers.
sales return : these are transactions where the seller accepts goods back from the buyer.
purchase order : this is a commercial document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.
sales invoice : this is a document that provides details about the goods or services sold, their quantities, and prices.
freight out : this is the transportation cost to ship goods out of the seller's warehouse to the customer.
trade discount : this is a reduction in the list price granted to customers.
inventory : this is the term for the merchandise that a retail business has on hand.