Match the Term and the Explanation

question 23

Short Answer

Match the term and the explanation.Not all explanations will be used.
_____ Note
_____ Net accounts receivable
_____ Bad debt expense
_____ Maturity date
_____ Days-to-collect
_____ Gross accounts receivable
_____ Summary of Significant Accounting Policies
_____ Allowance for doubtful accounts
_____ Receivables turnover
A.The time at which a loan must be repaid.
B.A financial statement that shows the calculation of bad debt expense for a company.
C.Total money owed the company for sales made on credit.
D.Net credit sales revenue divided by the net income.

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Definitions:

Cytosine

One of the four main bases found in DNA and RNA, a pyrimidine nucleotide that pairs with guanine.

Nucleus

The central and most important part of an atom, containing protons and neutrons, or a membrane-bound organelle in cells containing the genetic material.

Chromosomes

Structures made of DNA and protein found in the nucleus of cells that carry genetic information from one generation to the next.

DNA

Deoxyribonucleic acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses.