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Question 46 (5 points) Match the terminolgy. Analysis of customer account balances by length of time they have been unpaid A written promise to pay
Question 46 (5 points) Match the terminolgy. Analysis of customer account balances by length of time they have been unpaid A written promise to pay a specified amount on demand or at a definite time 1. Aging of receivables 2. Bank credit card Emphasizes expected net realizable value of accounts receivable 3. Promissory note 4. Trade receivables Amounts owed by customers from the sale of goods and services 5. Percentage of receivables approach Sales, using this type of credit card are usually treated the same as cash sales
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