| A | B |
|---|
| customer | a person or business to whom merchandise is sold |
| sales tax | a tax on a sale of merchandise or services |
| cash sale | cash is received at the time of sale |
| credit card sale | a credit card is used at the time of sale |
| sale on account | a sale for which cash will be received at a later date |
| sales invoice | an invoice used as a source document for sale on account |
| sales tax payable | a liability account with a normal credit balance |
| accounts receivable | an asset account with a normal debit balance |
