Quiz 09.139 – Terms and Phrases

Intermediate Accounting

Spiceland, Nelson, and Thomas

10th Edition

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Match each phrase with its corresponding terminology, dollar-value LIFO retail, cost-to-retail percentage, etc...

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  • Search Terms: a acceptable added after and annual are at available average base be below by calculate calculation change characterize column conventional converted correct cost cost-to-retail cost. ____ . costs describe discounts deducted discounts. ____ . dollar-value each effect employee fifo must financial followed for from from goods gross if impossible in layer less lifo lifo selling list listed markdown not market. ____ . match method accounting method usually net normal number of on or original percentage requires percentage. ____ . phrase phrases preparation price price. ____ . prior profit realizable recorded requiring retail retail reduction retail. ____ retrospective sale sales sell. ____ . selling spoilage divide statements. ____ . term. term phrase number . terms terms. that the then to treatment. ____ . value lower with year years'
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