1 YUUUU.PO 1. What are the three major classifications of receivables? 2. Provide two examples of Other Receivables 3. When you use a retailer's credit card (Macys, for example), the retailer's journal entry would be 4. What are the two methods of accounting for uncollectible accounts? 5. What is the method of accounting for bad debt that involves estimating uncollectible accounts at the end of each period? 6. Interest is usually associated with 7. What type of account is Allowance for Doubtful Accounts? 8. Under the allowance method, what is the journal entry to record the write-off of an account deemed uncollectible? Dr. 9. What means a dishonored note? 10. What are the two major reasons for selling receivables? 11. What is a factor? 12. What is the ratio used by investors and managers to evaluate the liquidity of a company's accounts receivables? 13. What adjusting entry is required to accrue interest on Notes Receivable? Dr. Cr. 14. How does the cash (net) realizable value is determined? less