Chapter 14

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Across
  1. 5. interest earned on money loaned
  2. 6. difference between an asset and account balance
  3. 12. analyzing accounts when they are due
  4. 13. time from signing date to maturity date
  5. 15. promise to pay money at a certain time
  6. 18. the amount of a note at the original time
  7. 19. amount a business expects to collect from accounts receivable
  8. 20. method to estimate uncollectable accounts receivable
  9. 21. date where note is due
  10. 22. note a business accepts from a person or business
Down
  1. 1. the person who pays the note
  2. 2. crediting value of uncollectable accounts to a contra account
  3. 3. amount due on the maturity note
  4. 4. difference between balance of accounts receivable and contra accounts
  5. 7. note signed by a business
  6. 8. uses an analysis account to estimate the amount that will be uncollected
  7. 9. the person who makes the promissory note
  8. 10. canceling a customer account because the customer didn’t pay
  9. 11. percentage of principle that is due
  10. 14. a note that didn’t get payed
  11. 16. recording expenses only when an amount is known to be uncollectable
  12. 17. accounts receivable that won’t be collected