The owner of one or more shares of stock.

Accounting - Chapter 9

Flashcard
•
Business
•
10th - 12th Grade
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
Back
Stockholder
2.
FLASHCARD QUESTION
Front
An account in a general ledger that summarizes all accounts in a subsidiary ledger.
Back
Controlling account
3.
FLASHCARD QUESTION
Front
The retail price listed in a catalog or on an Internet site.
Back
List price
4.
FLASHCARD QUESTION
Front
An account that reduces a related account on a financial statement.
Back
Contra account
5.
FLASHCARD QUESTION
Front
A deduction that a vendor allows on an invoice amount to encourage prompt payment.
Back
Cash discount
6.
FLASHCARD QUESTION
Front
A form requesting the purchase of merchandise.
Back
Requisition
7.
FLASHCARD QUESTION
Front
A merchandising business that sells to those who use or consume the goods.
Back
Retail merchandising business
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