Question

Homework: Chapter 5 Homework MW Score: 0.67 of 2 pts 6 of 6 (6 complete) %E5-18 (book/static) Match the accounting terms with the corresponding definitions. Tia SOU I LUSITIS. 5. Purchase Allowance C. 9. Retailer b. An amount granted to the purchaser as an incentive to keep goods that are not "as ordered". A type of merchandiser that buys merchadise either from a manufacturer or a wholesaler and then sells those goods to customers. d. A situation in which the buyer takes ownership (title) at the delivery destination point. e. A type of merchandiser that buys goods from manufacturers and then sells them to retailers. A discount that businesses offer to purchasers as an incentive for early payment Choose from any drop-down list and then click Check Answer. 1 part remaining Clear All

Answer 1

a.) Cost of Goods Sold

b.) Purchase Allowance

c.) Retailer

d.) FOB Destination

e.) Wholesaler

f.) Purchase Discount