An amount earned by a corporation and not yet distributed to stockholders.

• retained event
• gross earnings
• total earnings
• retained earnings

Credit allowed to a customer for part of the sales price of merchandise that is not returned, resulting in a decrease in the accounts receivable of the merchandising business.

• sales forgivings
• purchase allowance 
• sales allowance
• sales returns

Earnings distributed to stockholders.

• dividends
• divisors
• divisions
• disciples

 A form prepared by the customer showing the price deduction taken by the customer for a return or an allowance.

• sales memorandum
• debit memorandum
• credit memorandum
• purchase memorandum

Credit allowed to a customer for the sales price of returned merchandise, resulting in a decrease in the accounts receivable of the merchandising business.

• Purchase return
• Sales Return
• Returns
• Allowances

 Credit allowed for the purchase price of returned merchandise, resulting in a decrease in the customer’s account payable to the vendor.

• purchase allowance
• general journal
• general ledger
• declaring dividends

A journal with two amount columns in which all kinds of entries can be recorded.

• special journal
• purchase journal
• general journal
• sales journal

 Action by a board of directors to distribute corporate earnings to stockholders.

• declaring directors
• declaring dividends
• declaring a holiday
• declaring specialities

 A group of persons elected by the stockholders to govern a corporation.

• Board of Corporation
• Board of Directors
• Board of Electors
• Board of Presidents

 A form prepared by the vendor showing the amount deducted for returns and allowances.

• credit history
• credit card
• credit memorandum
• credit allowance