Match each phrase from list A with the correct term from list B by placing the letter designating in the answer Colum Future Value Monetary liabilities Ordinary Annuity Annuity Due Cash equivalents Restricted Cash B Compensating Balance CB Accounts Receivable BGross Method Net method Sales Retums Perpetual Invertory System A are short-term, highly liquid investments that can be readily converted to cash 8. Sales are recorded at the invoice amount less the discount c. The amount of money that a dollar will grow to at some point in the future D. The result from the credit sales of goods or services to customers E. Obligations to pay amounts of cash in the future, the amount of which is fixed or determinable Minimum balance that must be maintained in a company's bank account as support for funds borrowed from the bank Merchandise may be returned by a customer to a suppler H. Cash flows occur at the end of each period The inventory account is continuously updated as purchases and sales are made Cash flows occur at the beginning of each period Kcash discount not taken is soles revenue L Management's intent to use a certain amount of cash for a spectic purpose Cl Submit to compete this assessment