A LIST OF ASSETS, USUALLY CONTAINING THE VALUE OF INDIVIDUAL ITEMS IS CALLED...

CHAPTER 9 VOCAB - LESSONS 2, 3, 4

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•
Business
•
10th - 12th Grade
•
Hard
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1.
FLASHCARD QUESTION
Front
Back
INVENTORY
2.
FLASHCARD QUESTION
Front
THE GOODS A BUSINESS HAS ON HAND FOR SALE TO CUSTOMERS IS CALLED WHAT KIND OF INVENTORY?
Back
MERCHANDISE
3.
FLASHCARD QUESTION
Front
AN INVENTORY DETERMINED BY KEEPING A CONTINUOUS RECORD OF INCREASES, DECREASES, AND THE BALANCE ON HAND OF EACH ITEM OF MERCHANDISE IS CALLED...
Back
PERPETUAL
4.
FLASHCARD QUESTION
Front
A MERCHANDISE INVENTORY EVALUATED AT THE END OF A FISCAL PERIOD IS CALLED...
Back
PERIODIC
5.
FLASHCARD QUESTION
Front
WHEN A PERIODIC INVENTORY IS CONDUCTED BY COUNTING, WEIGHING, OR MEASURING ITEMS OF MERCHANDISE ON HAND, IT IS CALLED...
Back
PHYSICAL
6.
FLASHCARD QUESTION
Front
NEXT YEAR, WOULD YOU WANT TO TAKE ACCOUNTING II, IT WOULD BE A QUARTER LONG CLASS...tPAUL WOULD BE THE TEACHER?
Back
YES, NO WAY!, IDK
7.
FLASHCARD QUESTION
Front
THE AMOUNT A BUSINESS PAYS FOR GOODS IT PURCHASES TO SELL IS CALLED...
Back
COST OF MERCHANDISE
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