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A cash discount on a sale taken by the customer

Applied when revenue is recorded at the time goods and services are sold

Form describing goods or services sold, the quantity, and the price

Applied when source document is prepared for each transaction

Special journal used to record only cash receipt transactions

Process of preparing a batch report from a point-of-sale terminal

A listing of customer accounts, account balances, and total amount due from all customers

An invoice used as a source document for recording a sale on account

sales invoice

invoice

objective evidence

realization of revenue

sales discount

cash receipts journal

schedule of accounts receivable

batching out