| A | B |
|---|
| An agreement between a buyer and a seller about payment for merchandise. | Terms of sale |
| The amount added to the cost of merchandise to establish the selling price. | Markup |
| The price a business pays for goods it purchases to sell. | Cost of Merchandise |
| A business that purchases and sells goods. | Merchandising business |
| A merchandising business that sells to those who use or consume the goods. | Retail merchandising business |
| A business that buys and resells merchandise to retail merchandising businesses. | Wholesale merchandising business |
| Goods that a merchandising business purchases to sell. | Merchandise |
| An invoice used as a source document for recording a purchase on account transaction. | Purchase invoice |
| A business from which merchandise is purchased or supplies or other assets are bought. | Vendor |
