Matching

A B C D E F G H Terms of sale Accounts receivable Interest Direct write-off method Income statement a roach Bad debts ex ense Invoice Sale I J K L M N O Balance sheet a oach Note receivable Accounts receivable turnover Contra asset Net realizable value Contin en Approach to the allowance method that holds that bad debts are a function of the amount owe or accounts receivable. Has the effect of reducin an asset. Defines the ayeement between a business and its customers as to when customers will a for oods and services. Approach to the allowance method that holds that bad debts are a function of the amount of sales made on credit terms. An event with an uncertain future. An amount ofmone aid / received for the use of mone . A method of recording bad debts as an expense only when an amount is determined to be uncollectible. Amounts of money owed by customers from fransactions in course of business. the or The amount of money that a business reasonably expects to collect. A method of viewin invoices based ona e asta due date. An instrument evidencing a promise to pay an amount owed, on a due date, an interest rate, and bearing the maker's si ture. A metric that measures how efficiently a business is managing its accounts receivable. A normal business expense for sales made on credit that become uncollectible. Evidence that a sales transaction has occurred. Transaction that occurs when a business sells a product or rovides a service.