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Merchandising Activities (skip a space between words)

DE Acct 1-Chp 5
Across
A GL account that summarizes the content of a specific subsidiary ledger.
The loss of merchandise through such causes as shoplifting, breakage, and spoilage.
Gross sales revenue less sales returns and allowances and sales discounts. The most widely used measure of dollar sales volume; usually the first figure shown in an income statement.
A comparison of sales figures at established stores with existing “track records.”
A system of accounting for merchandising transactions in which the Inventory and Cost of Goods Sold accounts are kept continuously up-to-date.
The repeating sequence of transactions by which a business generates its revenue and cash receipts from customers.
Net sales revenue minus the cost of goods sold.
Down
The cost to a merchandising company of the goods it has sold to its customers during the period.
Merchandise intended for resale to customers.
A debit balance account that is offset against revenue in the income statement. Examples include Sales Discounts and Sales Returns and Allowances.