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