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Match the accounting terms with the corresponding definitions. a. b. c. The cost of the merchandise inventory that the business has sold to customers. An

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Match the accounting terms with the corresponding definitions. a. b. c. The cost of the merchandise inventory that the business has sold to customers. An amount granted to the purchaser as an incentive to keep goods that are not as ordered". A type of merchandiser that buys merchadise either from a manufacturer or a wholesaler and then sells those goods to customers. A situation in which the buyer takes ownership (title) at the delivery destination point. A type of merchandiser that buys goods from manufacturers and then sells them to retailers. A discount that businesses offer to purchasers as an incentive for early payment A situation in which the buyer takes title to the goods after the goods leave the seller's place of business. The terms of purchase or sale as stated on the invoice. A seller's request for cash from the purchaser. 1. Credit Terms 2. FOB Destination 3. Invoice 4. Cost of Goods Sold 5. Purchase Allowance 6. FOB Shipping Point 7. Wholesaler 8. Purchase Discount 9. Retailer d. e. f. g. h. i. Miler Landscape Supply's selected accounts as of December 31, 2018 follow (Click the icon to view the accounts and balances) Compute the gross profit percentage for 2018 Begin by select the formula labels to compute the gross profit percentage, then enter the amounts and compute the gross profit percentage. (Round your answer to the nearest tenth of a percent, XX%) Gross profit % % Data Table Selling Expenses Interest Revenue Net Sales Revenue Cost of Goods Sold Administrative Expense $ 13,700 1,400 133,000 115,000 10,500 Print Done

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