Vocabulary
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| show | Ratio of the sum of cash plus short-term investments plus net current receivables, to current liabilities.
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| show | A way to estimate bad debts by analyzing individual accounts receivable according to the length of time they have been receivable from the customer.
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| Allowance for Doubtful Accounts | show 🗑
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| Allowance for Uncollectible Accounts | show 🗑
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| Allowance Method | show 🗑
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| show | A company unable to collect from some customers, and that creates an expense.
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| show | An entity's assets, liabilities, and owner's equity as of a specific date.
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| Collection Period | show 🗑
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| Creditor | show 🗑
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| show | Ratio of average net accounts receivable to one day's sales.
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| Debtor | show 🗑
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| Default On A Note | show 🗑
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| show | A method of accounting for uncollectible receivables, in which the company waits until the credit department decides that a customer's account receivable is uncollectible.
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| Discounting A Note Receivable | show 🗑
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| show | Failure of a note's maker to pay a note receivable at maturity.
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| Doubtful-Account Expense | show 🗑
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| show | The date when final payment of the note is due.
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
mattschultice
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