MATCHING Match the items below by entering the appropriate code letter in the space provided. A. Net sales F. Perpetual inventory system B. Sales discounts G. Freight-out C. Purchase invoice H. Gross profit D. Contra sales accounts I. Operating expenses E. Sales returns and allowances J. Income from operations *An incentive to encourage customers to pay their accounts early. *Expenses incurred in the process of earning sales revenue. *Account to use when a customer returns merchandise to the retailer. *Sales revenue less sales returns and allowances and sales discounts. *A document that supports each credit purchase. *Net sales less cost of goods sold *Freight costs to deliver goods to customers reported as a selling expense *Sales discounts and sales returns and allowances *Gross profit less operating expenses *Inventory system where COGS is updated with each sale