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having some difficuties completing this crossword. please help

Chapter 6 Crossword 1 The contra-asset for Accounts Receivable is the Allowance for 2 The terms 2/10, 1/30 signify a Sales Upon accepting a customer's payment by Visa or Mastercard, a company must recognize a related On which financial statement are Receivables presented? A customer's check that "bounces" is called a check A measure of a company's efficiency: the number of times per year it collects its receivables is called Accounts Receivable 7 Shipping terms where the seller pays the transportation cost and bears any risk of loss while the shipment is in transit * The first line item to appear on the income statement of a merchandising company is_ A measure of a company's efficiency: the average number of days it takes to realize cash from customers is called Average- 10 A reconciling item which increases the balance per the bank:_in transit 11 The first line item to appear on a Balance Sheet 12 An allowance for doubtful accounts is typically estimated by analyzing the_ of accounts receivable 1 A reconciling item which decreases the balance per the books" Bank Service - Since future doubtful accounts cannot be known for sure, their recorded amounts reflect management's best 15 The end of a promissory note 36 A term used for a note or account that a company no longer expects to receive 17 Cash is susceptible to __ and good internal control helps to reduce this type of risk 1 Normal balance for Accounts Receivable 19 EFT is the acronym for _ _Transfer 20 A control procedure that should be performed at least every month to establish the correct cash balance: Bank 1 Safeguarding Cash and other company assets is a primary goal of Internal_ 2 The name for the expense account where estimated uncollectible accounts are recorded 3 As a good internal control, companies should deposit excess cash in a account Bad Debts should be reported as an Operating $ The amount at which receivables must be reported on the balance sheet: _ 6 What account is created when a sale or service transaction is executed with a customer on a credit basis? 7 The normal balance for the Allowance for Doubtful Accounts # If a company loans money to another entity, the amount is recorded as a Note Receivable A reconciling item which decreases the balance per the bank: _ Check 10 When a company gives up on the idea of ever collecting cash from a customer, it will __the related account receivable 11 Accounts receivable represent amounts expected to be collected from a 12 The name of the external document that accountants use as the basis for preparing a bank reconciliation: 13 Sales Returns & Allowances is an example of a c count 14 The Revenue principle indicates that a company should report Sales when it has satisfied its delivery obligation 15 If a company loans money to another entity, it will earn revenue from 16 An outstanding _ is an example of a reconciling item that the bank has not yet recorded due to a timing difference 17 It is possible that a reconciling item may arise when either the bank or "books include ain) _in recording cash transactions 18 Another term for a doubtful account is a credit - Chapter 6 Crossword 1 The contra-asset for Accounts Receivable is the Allowance for 2 The terms 2/10, 1/30 signify a Sales Upon accepting a customer's payment by Visa or Mastercard, a company must recognize a related On which financial statement are Receivables presented? A customer's check that "bounces" is called a check A measure of a company's efficiency: the number of times per year it collects its receivables is called Accounts Receivable 7 Shipping terms where the seller pays the transportation cost and bears any risk of loss while the shipment is in transit * The first line item to appear on the income statement of a merchandising company is_ A measure of a company's efficiency: the average number of days it takes to realize cash from customers is called Average- 10 A reconciling item which increases the balance per the bank:_in transit 11 The first line item to appear on a Balance Sheet 12 An allowance for doubtful accounts is typically estimated by analyzing the_ of accounts receivable 1 A reconciling item which decreases the balance per the books" Bank Service - Since future doubtful accounts cannot be known for sure, their recorded amounts reflect management's best 15 The end of a promissory note 36 A term used for a note or account that a company no longer expects to receive 17 Cash is susceptible to __ and good internal control helps to reduce this type of risk 1 Normal balance for Accounts Receivable 19 EFT is the acronym for _ _Transfer 20 A control procedure that should be performed at least every month to establish the correct cash balance: Bank 1 Safeguarding Cash and other company assets is a primary goal of Internal_ 2 The name for the expense account where estimated uncollectible accounts are recorded 3 As a good internal control, companies should deposit excess cash in a account Bad Debts should be reported as an Operating $ The amount at which receivables must be reported on the balance sheet: _ 6 What account is created when a sale or service transaction is executed with a customer on a credit basis? 7 The normal balance for the Allowance for Doubtful Accounts # If a company loans money to another entity, the amount is recorded as a Note Receivable A reconciling item which decreases the balance per the bank: _ Check 10 When a company gives up on the idea of ever collecting cash from a customer, it will __the related account receivable 11 Accounts receivable represent amounts expected to be collected from a 12 The name of the external document that accountants use as the basis for preparing a bank reconciliation: 13 Sales Returns & Allowances is an example of a c count 14 The Revenue principle indicates that a company should report Sales when it has satisfied its delivery obligation 15 If a company loans money to another entity, it will earn revenue from 16 An outstanding _ is an example of a reconciling item that the bank has not yet recorded due to a timing difference 17 It is possible that a reconciling item may arise when either the bank or "books include ain) _in recording cash transactions 18 Another term for a doubtful account is a credit