What is a journal with two amount columns in which all kinds of entries can be recorded?

PUHSD Acct 1-2 Les 11-1 & 11-2 Vocab

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•
Life Skills
•
10th - 12th Grade
•
Hard
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7 questions
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1.
FLASHCARD QUESTION
Front
Back
general journal
2.
FLASHCARD QUESTION
Front
What is a credit allowed for the purchase price of returned merchandise, resulting in a decrease in the customer's account payable to the vendor?
Back
purchases return
3.
FLASHCARD QUESTION
Front
What is a credit allowed for part of the purchase price of merchandise that is not returned, resulting in a decrease in the customer's account payable to the vendor?
Back
purchases allowance
4.
FLASHCARD QUESTION
Front
What is a form prepared by the customer showing the price deduction taken by the customer for a return or an allowance?
Back
debit memorandum
5.
FLASHCARD QUESTION
Front
What is a credit allowed to a customer for the sales price of returned merchandise, resulting in a decrease in the accounts receivable of the merchandising business?
Back
sales return
6.
FLASHCARD QUESTION
Front
What is a credit allowed to a customer for part of the sales price of merchandise that is not returned, resulting in a decrease in the accounts receivable of the merchandising business?
Back
sales allowance
7.
FLASHCARD QUESTION
Front
What is a form prepared by the vendor showing the amount deducted for returns and allowances?
Back
credit memorandum
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