C. Matching (1 point each - 10 points) Match the statements with the accounting terms. A Cash discount F Adjusting entries B Trade discount G Bad Debts Discount period H Intangible assets D Merchandise inventory Periodic Inventory System E Retailer J Credit period 1. The goods that a company owns and expects to sell to its customers 2. The time period that can pass before a customer's payment is due 3. Journal entries that update account balances. 4. Long lived assets that lack physical form and are used to produce or sell products or services. 5. Uncollectible accounts due to default and delinquency. 6. Incentive given to buyer for early payment of account 7. Period of time in which a cash discount is available E College 8. Inventory system that require physical count at the end of the period to determine inventory amounts. 9. An intermediary that buys products from manufacturers and sells them to consumers 10. Incentive given to buyer for large or bulk sales