Match the Term and Its Definition

Essay

Match the term and its definition.There are more definitions than terms.
Terms
1____ .Promissory Note
2____ .Net Accounts Receivable
3____ .Bad Debt Expense
4____ .Maturity Date
5____ .Days to Collect
6____ .Accounts Receivable
7____ .Allowance For Doubtful Accounts
8____ .Receivables Turnover
Definitions
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.
E.An agreement by a borrower to repay the lending company with interest during a specified time period.
F.The time at which a borrower must make annual interest payments.
G.A contra-asset account.
H.The days of the year divided by the receivables turnover ratio.
I.The portion of Accounts Receivable that the company expects to collect.
J.An account that is debited for the amount of credit sales estimated as uncollectible.
K.Net credit sales revenue divided by the average net receivables.
L.The days of the year divided by the net sales revenue.