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