Matching Pairs Accounting Ch 9 Terms 3Online version Match the term with its definition. by Kerri Stegman 1 A transaction in which the merchandise purchased is to be paid for later 2 A journal amount column that is not headed with an account title 3 An invoice used as a source document for recording a purchase on account transaction 4 A journal amount column headed with an account title 5 A special journal used to record only purchases of merchandise on account 6 A reduction in the list price granted to a merchandising business 7 A deduction that a vendor allows on an invoice amount to encourage prompt payment 8 The price after the trade discount has been deducted from the list price 9 A special journal used to record only cash payment transactions 10 The date by which an invoice must be paid 11 An agreement between buyer and seller about payment for merchandise 12 The retail price listed in a catalog or on an Internet site cash discount purchases journal general amount column net price due date cash payments journal purchase on account list price purchase invoice special amount column trade discount terms of sale
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