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Chapter 9

Across
An account in the general ledger that summarizes the balances of a subsidiary ledger
A revenue account for recording the sale of merchandise
Shipping terms under which the seller pays the freight charges and includes them in the selling price.
Shipping terms under which the buyer pays the freight charges between the point of shipment and the destination
A subsidiary ledger that lists the individual account of credit customers in alphabetical or numerical order, with their respective transactions and balances
A special journal for recording only the sale of merchandise on account
A group of accounts representing individual subdivisions showing the debits and credits of a controlling account
Down
A subsidiary ledger that lists the individual accounts of creditors in alphabetical or numerical order with their respective balances
A written statement indicating a seller's willingness to reduce the amount of a buyer's debt.
An account for recording the cost of merchandise acquired for resale
Books of original entry in which specialized types of repetitive transactions are recorded.
Business forms prepared by the seller that list the items shipped, their cost, the terms of sale, and the mode of shipment.