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V V Match the term with the correct definition Aging of Accounts Receivable Allowance for Doubtful Accounts Allowance method Bad Debits Direct Write-off method Interest

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V V Match the term with the correct definition Aging of Accounts Receivable Allowance for Doubtful Accounts Allowance method Bad Debits Direct Write-off method Interest Maturity date Principal Percent of Sales Method Percent of Receivables Method Credit Card Expense Promissory note Honored Notes Dishonored note. Factoring Pledging Receivables A Converting Accounts Receivable to cash by selling Accounts Receivable to a financing company B. The amount of the loan. C Method of estimating bad debt that assigns estimated bad debt percents based on how long the receivable is past its due date D. Written promise to pay a specified amount, usually with interest, on demand or on a certain date. E. Account used to record the store's cost of allowing customers to purchase merchandise using credit cards. F. The borrower pays the loan's principal and interest on the due date G Method for writing off bad debts that records the loss directly against the bad debt expense when an account is declared uncollectible. H. Accounts receivable that are determined to be uncollectible. 1. The borrower does not pay the loan's principal and interest on the loan's due date. J. The charge for using money until its maturity date. K. Method used to estimate bad debt expense based on the percent of sales during an accounting period. L. Method used to estimate bad debt expense based on the percent of receivables generated during an accounting period. M. Using account receivable as security for a loan. N. The day the amount of a loan plus interest earned becomes due o. Contra account used to write off bad debt when using the Allowance method P. Method for writing off bad debt that estimates the amount of uncollectible accounts receivable and sets aside a "fund" to use to write off bad debt when it arises. v

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