Across
- 1. off to remove a debt from accounts because it will not be paid
- 5. same as accounts payable; outstanding obligations to pay others
- 7. a request by a customer to buy goods or services
- 9. the process of issuing invoices for goods or services
- 11. accounts major or strategically important clients for a business
- 13. customers or companies that owe money to the business
- 15. policy company rules about selling on credit and collecting payments
- 16. terms the conditions regarding how and when payment is expected
- 20. same as accounts receivable; outstanding customer debts
- 22. payable money a business owes to suppliers
- 23. credit agreement to buy goods or services and pay later
- 24. an invoice to follow up with a customer who hasn’t paid yet
Down
- 2. a document stating what has been sold and the amount due
- 3. the movement of money in and out of a business
- 4. payment made in advance before goods or services are received
- 6. the act of sending a bill for payment
- 8. receivable money owed to a business by its customers
- 10. an invoice to pay the amount stated in an invoice
- 12. a reduction in price, often for early or bulk payment
- 14. sent out for delivery to the customer
- 17. records of money owed, paid, or received by a business
- 18. suppliers or lenders to whom the business owes money
- 19. an order to formally request goods or services from a supplier
- 21. debts amounts owed by customers that are unlikely to be collected
- 25. sent by transport, especially long-distance or overseas