Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. Match each description to the appropriate term. Clear All Direct write-off method A recelvable created from selling merchandise or services on account A list of customer accounts sorted by age classes Bad debt expense Aging report A contra asset that represents the amount of estimated uncollectible receivables Allowance for doubtful accounts Records bad debt expense only when a specific customer's account is deemed worthless Accounts receivable turnover Operating expense recorded as a result of receivables becoming uncollectible