Match each phrase with its definition. 1. Seller's description of a cash discount granted to buyers in return for early payment. 2. Time period in which a cash discount is available. 3. Refers to credit terms where goods in transit are owned by the buyer. 4. A current asset that includes the cost to buy goods and make them ready for sale. 5. A type of business that earns income by buying and selling merchandise. 6. A method in