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Accounting - Chapter 10

Across

  1. A special journal used to record only cash receipt transactions.
  2. A form prepared by the vendor showing the amount deducted for returns and allowances.
  3. An occasion when something is sold and payment is made immediately

Down

  1. A percentage of sales paid by the customers imposed by some states and some cities
  2. A special journal used to record only sales of merchandise on account
  3. A sale in which a credit card is used for the total amount of the sale at the time of the transaction.
  4. The merchant calculates the amount owed by the customer, indicates that amount, may prepare an invoice for the customer, and indicates the options for the customer to make payment.
  5. The report that summarizes the cash and credit card sales of a point-of-sale terminal.
  6. A report of credit card sales produced by a point-of-sale terminal.
  7. The process of preparing a batch report of credit card sales from a point-of-sale terminal.
  8. A reduction in the price of a product or service that is offered by the seller, in exchange for early payment by the buyer.

Key

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Across

  1. cashreceiptsjournal
  2. creditmemorandum
  3. cashsale

Down

  1. salestax
  2. salesjournal
  3. credit-cardsale
  4. point-of-sale(pos)
  5. terminalsummary
  6. batchreport
  7. batchingout
  8. salesdiscount