Check my Select the term in the blank space beside the definition that it most closely matches. 0.5 points eBook 1. Time period in which a cash discount is available. 2. Ownership of goods is transferred when delivered to the buyer's place of business. 3. A type of business that earns income by buying and selling merchandise. 4. Information not included in the typical ledger accounts. 5. Time period that can pass before a customer's full payment is due. 6. Goods a company owns and expects to sell to its customers. 7. The expense of purchasing and preparing merchandise for sale. 8. Purchaser's description of a cash discount received from a supplier of goods. Print References CH 4 Problem Assignment #2 Saved Help Save & Exit Submit Check my work Select the term in the blank space beside the definition that it most closely matches. 0.5 points Cost of goods sold eBook Credit period Print 1. Time period in which a cash discount is available. 2. Ownership of goods is transferred when delivered to the buyer's place of business. 3. A type of business that earns income by buying and selling merchandise. 4. Information not included in the typical ledger accounts. 5. Time period that can pass before a customer's full payment is due. 6. Goods a company owns and expects to sell to its customers. 7. The expense of purchasing and preparing merchandise for sale. 8. Purchaser's description of a cash discount received from a supplier of goods. Discount period References FOB destination Merchandise inventory Merchandiser