Complete the following table: To the Seller _______________ To the Buyer Sales ............................................. a. Sales

Question:

Complete the following table:
To the Seller _____________________________ To the Buyer
Sales ............................................. ↔ a. ______________
Sales returns and allowances ................. ↔ b. ______________
Sales discount .................................. ↔ c. ______________
Credit memorandum ........................... ↔ d. ______________
Schedule of .............. ↔ e. ______________
Accounts receivable subsidiary ledger ....... ↔ f. ______________
Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...