Matching Pairs Accounting Ch 9 Terms 2Online version Match the term with its definition. by Kerri Stegman 1 A journal used to record only one kind of transaction 2 A list of assets, usually containing the value of individual items 3 The goods a business has on hand for sale to customers 4 When a periodic inventory is conducted by counting, weighing, or measuring items of merchandise on hand 5 An account in a general ledger that summarizes all accounts in a subsidiary ledger 6 A ledger that is summarized in a single general ledger account 7 An inventory determined by keeping a continuous record of increases, decreases, and the balance on hand of each item of merchandise 8 The amount a business pays for goods it purchases to sell 9 A form requesting that a vendor sell merchandise to a business 10 A form requesting the purchase of merchandise 11 The subsidiary ledger containing vendor accounts 12 Merchandise inventory evaluated at the end of a fiscal period periodic inventory inventory perpetual inventory purchase order physical inventory controlling account cost of merchandise requisition accounts payable ledger special journal merchandise inventory subsidiary ledger
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