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Choore the lerm that beist matches each of the following descriptions a) The foo for using the phincipat b) The person who owes the maney
Choore the lerm that beist matches each of the following descriptions a) The foo for using the phincipat b) The person who owes the maney c) A method that calculates the total estimated uncollectible accounts as a percentayo of the outstanding accounts receivables batance A signed document where the debloc aromises to pay the croditor the proncipa and interest on the die daat A method to estimale bad debt expense based on credit sales. ) Measures the liquidify of recenabies and the efficiency of coection. 0 A liquidity ratio that is a strict measure of a business's avalabily of cash to pay curren habilies as hey come due h) The total of estrmated uncoliectible accounts is cakviled by analyzing accounts receivable accosding to how long eash account has been 1) outstanding 11 The ccllective pohcies and procedures mplemented by manapament to brotect assets. The entify osed the arncipal and ineerest Choose the ferm that best matches each of the following descriptions: The fee for using the principal The person who owes the money. A method that calculates the tolal estimated uncollectible accounts as a percentage of the outstanding accounts tecumatios batance A signed document where the deblor promises to pay the creditor the princpal and interest on the dow dale A method to estimate bad dat expense based on credt sales: Measures the liquidity of recesabies and the efficiency of collection A liquidity tatio that is a strict measure of a business's avalabily of cash to pey ciment labites as they come due. The total of estimated uncollectible accounts as calculated by analyzing accounts recevabie according to how iong each account has been outstanding: The collect ve polcies and procedures implemented by manejerthont to protect assets: The entity owed the principal and interest
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