QS $5-1($Static$)$ Applying merchandising terms LO C$1,$ P$1$ Match each phrase with its definition $1.$ Goods a company owns and expects to sell to its customers $2.$ Time period that can pass before a customer's full payment is due. $3.$ Seller's description of a cash discount granted to buyers in return for early payment $4.$ Ownership of goods is transferred when the seller delivers goods to the carrier $5.$ Purchaser's description of a cash discount received from a supplier of goods. $6.$ Difference between net sales and the cost of goods sold. $7.$ Time period in which a cash discount is available. $8.$ Ownership of goods is transferred when delivered to the buyer's place of business,