Multiple Choice:

a. Accounts Receivable Turnover d. Aging Report g. Allowance for Doubtful Accounts

b. Net realizable Value e. Receivables h. Bad Debt Expense

c. Accounts Receivable f. Direct Write-Off Method I. Factoring

-- A receivable created from selling merchandise or services on account.

--A list of customer accounts sorted by age class

--A contra asset that represents the amount of estimated uncollectible receivables at a specific date.

--Records bad debt expense only when a specific customer's account is deemed worthless.

--Operating expense recorded as a result of receivables becoming uncollectible.

--The difference between Accounts Receivable and Allowance for Doubtful Accounts.

--Another term for selling receivables

--All money claims against other entities

--Measures how frequently during the year accounts receivables are being turned into cash.