The following technical terms appear in this supplement. Check that you know the meaning of each.

• Profit.

• Creditor.
• Sales revenue.

• Trade payable.
• Cash sale.

• Discount received.
• Credit sale.

• Expense.
• Debtor.

•Accrued expense.
•Trade receivable.

•Prepaid expense.
• Discount allowed. 

• Credit notes for sales returned.
• Purchases.

•Credit notes for purchases returned.
• Credit purchase.