Making a Purchase
An invoice used as a source document for recording a purchase on account transaction
What is an purchase invoice
A form requesting the purchase of merchandise
What is a requisition?
Inventory evaluated at the end of a fiscal period
What is a periodic inventory?
Why so serious?
What is the Dark Knight?
An instrument composed of a blade fixed into a handle, used for cutting or as a weapon
What is a Knife?
A transaction in which the merchandise purchased is to be paid for later
What is an purchase on account
An agreement between a buyer and a seller about payment for merchandise
What is terms of sale?
When periodic inventory is conducted by counting, weighing, or measuring items of merchandise on hand
What is physical inventory?
Yippie-ki-yay, motherf*cker!
What is Die Hard?
an arm or leg of a person or four-legged animal, or a bird's wing
What is a limb?
A form requesting that a vendor sell merchandise to a business
The price after the trade discount has been deducted from the list price
What is a net price?
an inventory determined by keeping a continuous record of increases, decreases, and the balance on hand of each item of merchandise
What is perpetual inventory?
Say hello to my little friend.
What is Scarface?
a large building, typically of the medieval period, fortified against attack with thick walls, battlements, towers, and in many cases a moat
What is a castle?
A cash discount claimed by a buyer for prompt payment of a balance due
A reduction in the list price granted to customers
What is a trade discount?
a listing of vendor accounts, account balances, and the total amount due to all vendors
What is a schedule of accounts payable?
You talkin' to me?
What is the Taxi Driver?
A slight line or fold in something, especially fabric or the skin of the face
What is a wrinkle?
A unique journal used to record only purchases of merchandise on account
A journal used to record only one kind of transaction
What is a special journal?
a journal amount column headed with an account title; used for frequently occurring transactions
What is a special amount column?
Here’s Johnny!
What is the shinning?
deprived of the power of sensation
What is numb?