OPTIONAL BONUS QUESTION MATCHING 10 POINTS Match the dems below by entering the appropriate code letter in the space provided LOUDE A Net sales B Sales discounts C Purchase invoice Contra sales accounts Sales returns and allowances Perpetual inventory system Freight out F H Gross profit J Income from operations Operating expenses 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 retuens 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 THE END OF EXAM 3 Sheet1 Sheet2 Sheet3 ady Acebity abges NO MULTIPLE CHOICE QUESTIONS ON THIS EXAM