Examlex
What is the common name for the following compound?
Check Register
A record of checks written, deposits made, and balances in a checking account.
Vouchers Payable
An accounting term that represents the obligation of a business to pay for goods or services that have been received, but not yet paid for.
Purchases Discount
A contra-cost account in the general ledger that records discounts offered by vendors of merchandise for prompt payment of purchases by buyers.
Merchandise
Goods brought into a store for resale to customers.
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