Sold merchandise on account to Jane Smith.

Recorded cash and credit card sales for the week.

Received cash on account from Jane Smith

A person or business to whom merchandise or services are sold is a (an)

A tax on a sale of merchandise or services is called

A sale in which cash is received for the total amount of the sale at the time of the transaction

A sale in which a credit card is used for the total amount of the sale at the time of the transaction

The concept that states that revenue is recorded at the time of a sale, not on the date cash is received is

Using a cash register tape as evidence that the transaction occurred is the concept

The concept that states that the actual amount paid for the merchandise is recorded

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