Listed Below Are Ten Terms Followed by a List of Phrases

question 57

Multiple Choice

Listed below are ten terms followed by a list of phrases that describe or characterize five of the terms.Match each phrase with the best term placing the letter designating the term in the space provided.
-_____ Considers that the longer past due the account receivable is,the less likely it is to be collected.

• A)Accounts receivable
• B)Allowance method
• C)No effect
• D)Direct write-off method
• E)Net realizable value
• F)Aging method
• G)Bad debt expense
• H)Receivables written off
• I)Decrease assets and increase expenses
• J)Allowance for uncollectible accounts