暗記メーカー

暗記メーカー

​
ログイン
1ST
29問 • 1年前
  • Shekinah Bismonte
    • 通報

    問題一覧

  • 1

    is a business enterprise that buys and sells goods in order to earn a profit.

    merchandising company

  • 2

    The goods or product sold by a merchandising company is called

    Merchandise or Merchandise Inventory.

  • 3

    – one who buys in bulk or volume directly from a manufacturer, then sells the goods to the retailer

    Wholesaler

  • 4

    - sells the goods to the end user.

    Retailer

  • 5

    Operating Cycle of a Merchandising Business

    Buy merchandise Sells merchandise Collect payments Receive cash

  • 6

    - is the source of revenue in a merchandising business

    SALES

  • 7

    – the total cost of merchandise sold during the period

    Cost of good sold

  • 8

    – expenses incurred in the process of earning sales revenue

    Operating Expenses

  • 9

    used by a merchandising business to record its transactions

    JOURNALS

  • 10

    – used to record all cash that have been received or collected

    Cash Receipts Journal

  • 11

    – used to record all transactions involving cash payments

    Cash Disbursement Journal

  • 12

    – used to record all SALES ON CREDIT or ON ACCOUNT

    Sales Journal

  • 13

    -used to record all PURCHASES ON CREDIT or ON ACCOUNT

    Purchase Journal

  • 14

    is traditionally used by business selling many inexpensive goods

    The periodic inventory system

  • 15

    , the updating of inventory is done every time there are changes in the quantity of the goods.

    perpetual inventory system

  • 16

    This system is traditionally used by business selling few expensive goods.

    perpetual inventory system

  • 17

    Commonly Used Source Document in a Merchandising Business

    Sales Invoice/Charge Invoice Purchase Invoice Sales Order Purchase Order Delivery Receipts Debit Memoranda

  • 18

    is issued by the seller to the buyer to indicate that merchandise had been delivered and, therefore the buyer is requested to pay the amount due.

    An invoice, also known as a bill,

  • 19

    This is the basis for recording sales revenue in the SELLER’S books and purchases in the BUYER’S books. A duplicate copy of the sales invoice is given to the buyer and this is regarded by the buyer as a purchase invoice.

    An invoice, also known as a bill,

  • 20

    Typical Contents of an Invoice

    1.Name and contact details of the seller 2.Tax details of the seller 3.The word “Invoice” 4.Invoice number 5.Name and contact details of the buyer 6.Date of the invoice 7.Credit terms 8. number of units delivered 9. the unit of measure for the goods delivered 10. description of goods 11. unit selling price of the goods 12. total amount of the goods 13. authorized signature

  • 21

    is a document generated by the seller specifying the details about the product or services ordered by the customer. Along with the product and service details, sales order consists of price, quantity, terms, and conditions etc.

    A sales order

  • 22

    , is a legal document a buyer sends to a supplier or vendor to authorize a purchase.

    PURCHASE ORDER

  • 23

    is a document issued by the seller to confirm if merchandise has been delivered to the billing address or the buyer’s place of business. An authorized signature from the buyer’s end is a proof that merchandise has been received in good condition by the buyer and that the information on the document matches the merchandise received.

    A delivery receipt

  • 24

    Typical Contents of a Delivery Receip

    1.Name and contact details of the seller 2.Tax details of the seller 3.The word “Delivery Receipt” 4.The receipt number 5.The name and contact details of the buyer 6.The date of the receipt 7.Credit terms 8.Number of units delivered 9.The unit of measure for the goods delivered 10.Description of the goods 10.Authorized buyer signature

  • 25

    are documents issued when there are returns and allowances.

    debit memorandum and credit memorandum

  • 26

    is issued by the buyer to notify the supplier that there is a reduction in the Accounts Payable maintained by the buyer, therefore, to tally, the supplier has to also reduced the related Accounts Receivable

    A debit memorandum or a debit note

  • 27

    has the same purpose as the debit memorandum. and is issued by the seller to notify the buyer that his/her account has been reduced and therefore the related liability of the buyer is also reduced.

    a credit memorandum or credit note

  • 28

    is an internal document which indicates authorization for payment. It is usually attached to the supporting documents that require payment such as an invoice.

    voucher

  • 29

    is a document which acknowledges receipt of cash or check. It is issued by the party who collects the payment.

    official receipt

    • 2.1

    2.1

    Shekinah Bismonte · 58問 · 2年前

    2.1

    2.1

    58問 • 2年前
    Shekinah Bismonte

    2.1 (interactive multimedia)

    2.1 (interactive multimedia)

    Shekinah Bismonte · 15問 · 2年前

    2.1 (interactive multimedia)

    2.1 (interactive multimedia)

    15問 • 2年前
    Shekinah Bismonte

    lesson 1-3

    lesson 1-3

    Shekinah Bismonte · 30問 · 2年前

    lesson 1-3

    lesson 1-3

    30問 • 2年前
    Shekinah Bismonte

    Lesson1-2

    Lesson1-2

    Shekinah Bismonte · 34問 · 2年前

    Lesson1-2

    Lesson1-2

    34問 • 2年前
    Shekinah Bismonte

    lesson 7-8

    lesson 7-8

    Shekinah Bismonte · 88問 · 2年前

    lesson 7-8

    lesson 7-8

    88問 • 2年前
    Shekinah Bismonte

    lesson 1-3 (longtest)

    lesson 1-3 (longtest)

    Shekinah Bismonte · 37問 · 2年前

    lesson 1-3 (longtest)

    lesson 1-3 (longtest)

    37問 • 2年前
    Shekinah Bismonte

    lesson 3-4

    lesson 3-4

    Shekinah Bismonte · 90問 · 2年前

    lesson 3-4

    lesson 3-4

    90問 • 2年前
    Shekinah Bismonte

    last topic

    last topic

    Shekinah Bismonte · 28問 · 2年前

    last topic

    last topic

    28問 • 2年前
    Shekinah Bismonte

    2nd quarter

    2nd quarter

    Shekinah Bismonte · 16問 · 2年前

    2nd quarter

    2nd quarter

    16問 • 2年前
    Shekinah Bismonte

    7

    7

    Shekinah Bismonte · 17問 · 2年前

    7

    7

    17問 • 2年前
    Shekinah Bismonte

    9-11

    9-11

    Shekinah Bismonte · 37問 · 2年前

    9-11

    9-11

    37問 • 2年前
    Shekinah Bismonte

    LAHAT

    LAHAT

    Shekinah Bismonte · 26問 · 2年前

    LAHAT

    LAHAT

    26問 • 2年前
    Shekinah Bismonte

    all

    all

    Shekinah Bismonte · 36問 · 2年前

    all

    all

    36問 • 2年前
    Shekinah Bismonte

    lahat

    lahat

    Shekinah Bismonte · 37問 · 2年前

    lahat

    lahat

    37問 • 2年前
    Shekinah Bismonte

    lahat

    lahat

    Shekinah Bismonte · 49問 · 2年前

    lahat

    lahat

    49問 • 2年前
    Shekinah Bismonte

    bago

    bago

    Shekinah Bismonte · 7問 · 2年前

    bago

    bago

    7問 • 2年前
    Shekinah Bismonte

    LESSON 3.1

    LESSON 3.1

    Shekinah Bismonte · 25問 · 1年前

    LESSON 3.1

    LESSON 3.1

    25問 • 1年前
    Shekinah Bismonte

    definition of terms

    definition of terms

    Shekinah Bismonte · 42問 · 1年前

    definition of terms

    definition of terms

    42問 • 1年前
    Shekinah Bismonte

    LESSON 3.2

    LESSON 3.2

    Shekinah Bismonte · 15問 · 1年前

    LESSON 3.2

    LESSON 3.2

    15問 • 1年前
    Shekinah Bismonte

    問題一覧

  • 1

    is a business enterprise that buys and sells goods in order to earn a profit.

    merchandising company

  • 2

    The goods or product sold by a merchandising company is called

    Merchandise or Merchandise Inventory.

  • 3

    – one who buys in bulk or volume directly from a manufacturer, then sells the goods to the retailer

    Wholesaler

  • 4

    - sells the goods to the end user.

    Retailer

  • 5

    Operating Cycle of a Merchandising Business

    Buy merchandise Sells merchandise Collect payments Receive cash

  • 6

    - is the source of revenue in a merchandising business

    SALES

  • 7

    – the total cost of merchandise sold during the period

    Cost of good sold

  • 8

    – expenses incurred in the process of earning sales revenue

    Operating Expenses

  • 9

    used by a merchandising business to record its transactions

    JOURNALS

  • 10

    – used to record all cash that have been received or collected

    Cash Receipts Journal

  • 11

    – used to record all transactions involving cash payments

    Cash Disbursement Journal

  • 12

    – used to record all SALES ON CREDIT or ON ACCOUNT

    Sales Journal

  • 13

    -used to record all PURCHASES ON CREDIT or ON ACCOUNT

    Purchase Journal

  • 14

    is traditionally used by business selling many inexpensive goods

    The periodic inventory system

  • 15

    , the updating of inventory is done every time there are changes in the quantity of the goods.

    perpetual inventory system

  • 16

    This system is traditionally used by business selling few expensive goods.

    perpetual inventory system

  • 17

    Commonly Used Source Document in a Merchandising Business

    Sales Invoice/Charge Invoice Purchase Invoice Sales Order Purchase Order Delivery Receipts Debit Memoranda

  • 18

    is issued by the seller to the buyer to indicate that merchandise had been delivered and, therefore the buyer is requested to pay the amount due.

    An invoice, also known as a bill,

  • 19

    This is the basis for recording sales revenue in the SELLER’S books and purchases in the BUYER’S books. A duplicate copy of the sales invoice is given to the buyer and this is regarded by the buyer as a purchase invoice.

    An invoice, also known as a bill,

  • 20

    Typical Contents of an Invoice

    1.Name and contact details of the seller 2.Tax details of the seller 3.The word “Invoice” 4.Invoice number 5.Name and contact details of the buyer 6.Date of the invoice 7.Credit terms 8. number of units delivered 9. the unit of measure for the goods delivered 10. description of goods 11. unit selling price of the goods 12. total amount of the goods 13. authorized signature

  • 21

    is a document generated by the seller specifying the details about the product or services ordered by the customer. Along with the product and service details, sales order consists of price, quantity, terms, and conditions etc.

    A sales order

  • 22

    , is a legal document a buyer sends to a supplier or vendor to authorize a purchase.

    PURCHASE ORDER

  • 23

    is a document issued by the seller to confirm if merchandise has been delivered to the billing address or the buyer’s place of business. An authorized signature from the buyer’s end is a proof that merchandise has been received in good condition by the buyer and that the information on the document matches the merchandise received.

    A delivery receipt

  • 24

    Typical Contents of a Delivery Receip

    1.Name and contact details of the seller 2.Tax details of the seller 3.The word “Delivery Receipt” 4.The receipt number 5.The name and contact details of the buyer 6.The date of the receipt 7.Credit terms 8.Number of units delivered 9.The unit of measure for the goods delivered 10.Description of the goods 10.Authorized buyer signature

  • 25

    are documents issued when there are returns and allowances.

    debit memorandum and credit memorandum

  • 26

    is issued by the buyer to notify the supplier that there is a reduction in the Accounts Payable maintained by the buyer, therefore, to tally, the supplier has to also reduced the related Accounts Receivable

    A debit memorandum or a debit note

  • 27

    has the same purpose as the debit memorandum. and is issued by the seller to notify the buyer that his/her account has been reduced and therefore the related liability of the buyer is also reduced.

    a credit memorandum or credit note

  • 28

    is an internal document which indicates authorization for payment. It is usually attached to the supporting documents that require payment such as an invoice.

    voucher

  • 29

    is a document which acknowledges receipt of cash or check. It is issued by the party who collects the payment.

    official receipt