The goods a business has on hand for sale to customers
An inventory determined by keeping a continuous record of increases, decreases, and the balance on hand of each item of merchandise
A form requesting that a vendor sell merchandise to a business
The amount a business pays for goods it purchases to sell
A ledger that is summarized in a single general ledger account
Merchandise inventory evaluated at the end of a fiscal period
When a periodic inventory is conducted by counting, weighing, or measuring items of merchandise on hand
An account in a general ledger that summarizes all accounts in a subsidiary ledger
A form requesting the purchase of merchandise
A journal used to record only one kind of transaction
A list of assets, usually containing the value of individual items
The subsidiary ledger containing vendor accounts
controlling account
accounts payable ledger
periodic inventory
physical inventory
special journal
requisition
purchase order
subsidiary ledger
cost of merchandise
merchandise inventory
perpetual inventory
inventory
