Accounting 2 Chapter 9 worksheet and exercises Accounting II
Chapter 9 Accounting Test. ____ indicates what percentage of net sales represents profit. Information you have already completed the quiz before.
A reduction in the list price granted to customers. Web 30 questions show answers. Until then, all revenue is considered unearned. Sets found in the same folder. Capital stock a deduction that a vendor allows on the invoice amount to encourage prompt payment. 9 test review terms in this set (26) total shares of ownership in a corporation. Can be transferred to another party by endorsement. ____ indicates what percentage of net sales represents profit. The matching principle states that expenses must be matched to revenues in the period in which they were incurred. Cash discount an organization with the legal rights of a person and which may be owned by many persons.
Statement of changes in owner's equity. 9 test review terms in this set (26) total shares of ownership in a corporation. Sets found in the same folder. Until then, all revenue is considered unearned. ____ indicates what percentage of net sales represents profit. Accounting i study guide chapter 9. A note receivable is a negotiable instrument which a. Chapter 1 and 2 test. Capital stock a deduction that a vendor allows on the invoice amount to encourage prompt payment. Can be transferred to another party by endorsement. Cash discount an organization with the legal rights of a person and which may be owned by many persons.
