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Accounting 1
Accounting
Accounting
300
a susidiary ledger containing only accounts for vendors from whom items are purcheased or bought on account
What is an accounts receivable ledger
300
the revenue remaining after cost of merchandise sold has been deducted
What is Gross profit on sales
300
a business form used to record payroll information
What is a Payroll register
400
Total shares of ownershipin a corporation
What is capital stock
400
the amount added to the merchandise to establish the selling price
What is Markup
400
credit allowed for part of the purchase price of merchandise that is not returned, resulting in a decrease in the customer's accounts payable
What is Purchases allowances
500
a business form used to record details affecting payments made to an employee
What is employee earnings record
500
the total earnings paid to an employeeafter payroll taxes and other deductions
What is Net Pay
500
Money paid for employee services
What is a Salary