Crediting the estimated value of uncollectible accounts to a contra account.

• Allowance Method
• Book Value
• Interest Income
• Maturity Date

The difference between the balance of Accounts Receivable and its contra account, Allowance for Uncollectible Accounts.

• Payee
• Principal
• Net Realizable Value
• Book Value of Accounts Receivable

The difference between an asset’s account balance and its related contra account.

• Principal
• Maturity Value
• Book Value
• Promissory Note

The amount of accounts receivable a business expects to collect.

• Interest Rate
• Percent of Accounts Receivable Method
• Net Realization Value
• Time of a Note

A method used to estimate uncollectible accounts receivable that assumes a percent of credit sales will become uncollectible.

• Percent of Accounts Receivable Method
• Percent of Sales Method
• Writing off an Account
• Maturity Value

A method that uses an analysis of accounts receivable to estimate the amount that will be uncollectible.

• Interest Rate
• Percent of Accounts Receivable Method
• Percent of Sales Method
• Promissory Note

Analyzing accounts receivable according to when they are due.

• Principal
• Maturity Date
• Book Value of Accounts Receivable
• Aging of Accounts Receivable

Canceling the balance of a customer account because the customer does not pay.

• Writing off an Asset
• Writing off an Account
• Writing of a Closing
• Writing out a check

A written and signed promise to pay a sum of money at a specified time.

• Promises
• Maturity Date
• Promissory Note
• Principal

A promissory note signed by a business and given to a creditor.

• Note Payable
• Note Receivable
• Accounts Payable
• Accounts Receivable