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Select the tem in the blank space beside the definition that t most closely matches 1: Goods a company owns and expects to sell to

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Select the tem in the blank space beside the definition that t most closely matches 1: Goods a company owns and expects to sell to its customers 2 Time period that can pass before a customer's payment is due 3. Seller's description of a cash discount grant 4. Reduction below list or catalog price that is negotiated in setting the price of goods 5 Ownership of goods is transferred when the seller delivers goods to the carrier 6. Purchasers description of a cash discount received from a supplier of goods 7 Reduction in a receivable or payable If itis paid within the discount period 8 Difference belween net sales and the cost of goods sold 9 Time period in which a cash discount is available 10 Ownership of oods s transferred when delivered to the buyer's place of business

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