Match the following statements to the appropriate terms.

A written promise to pay a specified amount on demand or at a definite time.

Sales that involve the customer, the retailer, and the credit card issuer.

The net amount a company expects to receive in cash.

Amounts owed by customers from the sale of goods and services.

A note which is not paid in full at maturity.

Analysis of customer account balances by length of time they have been unpaid.

Emphasizes expected cash realizable value of accounts receivable.

Generally not acceptable for financial reporting purposes.

The amount of time that a receivable is outstanding.

Sale of accounts receivable to a factor.