+ 47. Match each of the following terms with the appropriate definitions. 1. A method of accounting for bad debts that matches the estimated loss from Accounts uncollectible accounts receivable against receivable the sales they helped to produce. turnover 2. The amount that the signer of a note Installment agrees to pay back when the note matures, accounts not including interest. receivable 3. Amounts owed by customers from credit sales for which payment is required in periodic payments over an extended period Materiality of time. constraint 4. Refers to a note maker's inability or Dishonoring a refusal to pay a note at maturity. note 5. A method of accounting for bad debts that records the loss from an uncollectible account receivable immediately upon Allowance determining it is uncollectible. method Factoring 6. Committing accounts receivable as accounts security for a loan. receivable 7. The accounting constraint that states that an amount can be ignored if its effect on the financial statements is unimportant Full disclosure to its users. principle Pledging 8. Selling all or a portion of accounts accounts receivable to a finance company or bank. receivable 9. The accounting principle that requires financial statements (including the notes) to report all relevant information about Direct write-off operations and financial condition. method 10. A measure of both the quality and liquidity of accounts receivable that indicates how often, on average, receivables are received and collected Principal of a during the period