Match the terms with the definitions.
A. A separate ledger containing an individual account receivable for each customer, kept in either alphabetical or numerical order.
B. Discounts to encourage prompt payment by customers who buy merchandise on account.
C. A summary account maintained in the general ledger for a subsidiary ledger (for example, the accounts receivable ledger).
D. A document issued when credit is given for merchandise returned or for an allowance.
E. Purchases merchandise such as clothing, furniture, or computers, and sells that merchandise to its customers.
F. A transfer of merchandise from one business or individual to another in exchange for cash or a promise to pay cash.
G. Reductions in the price of merchandise granted by the seller because of defects or other problems with the merchandise.
H. The seller's term for cash discounts.
I. A document that is generated to bill the customer who made the purchase.
J. Merchandise returned by a customer for a refund.
K. A document created as evidence of a sale in a retail business.
L. An alphabetical or numerical listing of customer accounts and balances, usually prepared at the end of the month.
A. accounts receivable ledger
B. cash discounts
C. controlling account
D. credit memo
E. merchandising business
F. sale
G. sales allowances
H. sales discounts
I. sales invoice
J. sales return
K. sales ticket
L. schedule of accounts receivable
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