| 1. Early payment discount offered to customers by the seller. | Purchases |
| 2. Account where returned merchandise or price adjustments are recorded by the seller. | Merchandise Inventory |
| 3. Expense account for recording shipping costs paid by the seller. | Sales Discounts |
| 4. Discounts off the list price offered by wholesalers. | Delivery Expense |
| 5. Account used to record merchandise purchased under a periodic inventory system. | Trade Discount |
| 6. Account where returned merchandise or price adjustments are recorded by the buyer under the periodic inventory system. | Purchase Returns and Allowances |
| 7. Account used to record merchandise purchased under a perpetual inventory system. | Freight In |
| 8. Account used to record shipping cost of merchandise by the buyer under a periodic inventory system. | Sales Returns and Allowances |
Darshita Changed status to publish February 14, 2020
| 1. Early payment discount offered to customers by the seller. | Purchases | 5 |
| 2. Account where returned merchandise or price adjustments are recorded by the seller. | Merchandise Inventory | 7 |
| 3. Expense account for recording shipping costs paid by the seller. | Sales Discounts | 1 |
| 4. Discounts off the list price offered by wholesalers. | Delivery Expense | 3 |
| 5. Account used to record merchandise purchased under a periodic inventory system. | Trade Discount | 4 |
| 6. Account where returned merchandise or price adjustments are recorded by the buyer under the periodic inventory system. | Purchase Returns and Allowances | 6 |
| 7. Account used to record merchandise purchased under a perpetual inventory system. | Freight In | 8 |
| 8. Account used to record shipping cost of merchandise by the buyer under a periodic inventory system. | Sales Returns and Allowances | 2 |
Darshita Changed status to publish February 14, 2020
