As you start your journey as an accountant there are some words that will be mentioned throughout the course of your studies. You should therefore ensure you understand each word so that you don’t get confused once they come up. Test your accounting vocabulary via the quiz below. Good luck!
Due Date
Discount Period
Processing Stamp
Tickler File
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Purchase Discount
Discount Rate
Premium
Cost of Merchandise
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FOB Destination
FOB Shipping Point
Transportation In
Processing Stamp
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Purchase Order
Purchase Discount
Purchase Requisition
Purchase Allowance
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Packing Slip
Tickler File
Invoice
Processing Stamp
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Due Date
Discount Period
Purchase Discount
Cost of Merchandise
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Purchase Order
Purchase Requisition
Invoice
Debit Memo
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Purchases Account
Cash In Bank
General Ledger
Accounts Payable Subsidiary Ledger
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Bankcard Fee
Premium
Expense
Insurance Fee
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Tickler File
Purchase Order
Packing Slip
Due Date
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Accounts Payable Subsidiary Ledger
Purchases Account
Cost of Merchandise
Purchases Allowance
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Discount Period
Debit Memorandum
Purchases Allowance
Purchase Discount
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Purchase Requisition
Purchases Account
Purchases Allowance
Purchases Return
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Processing Stamp
Cost of Merchandise
Bankcard Fee
Premium
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Bankcard Fee
Debit Memorandum
Invoice
Tickler File
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Purchases Returns
Purchases Requisition
Purchases Account
Purchases Allowance
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Debit Memorandum
Invoice
Packing Slip
Processing Stamp
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FOB Destination
Premium
FOB Shipping Point
Purchase Order
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Quiz Review Timeline (Updated): Feb 19, 2024 +
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