IDENTIFICATION

Directions: Identify the terms being described

1. It is the inventory system most applicable to sari sari stores

2 It is the business document commonly used as the basis of recording in cash receipt journal

3 It refers to the number of days from date of purchase that the supplier has given the business to pay it's account

4. It is the cost associated with transporting goods from seller to buyers place of business

5 . In the business document issued by the buyer whenever there are returns and allowances.

Answer it within half hour with accuracy will give you positive feedback immediately.