176. _____ The procedure using an adjustment for future uncollectible accounts. 05_173 177. _____ The total amount owed to a company from credit sales to customers. 05_173 Reference:...

176. _____ The procedure using an adjustment for future uncollectible accounts.

05_173

177. _____ The total amount owed to a company from credit sales to customers.

05_173

Reference: 05_178

Listed below are ten terms followed by a list of phrases that describe or characterize five of the terms. Match each phrase with the best term placing the letter designating the term in the space provided.

Terms:

a. Accounts receivable

b. Allowance method

c. No effect

d. Direct write-off method

e. Net realizable value

f. Aging method

g. Bad debt expense

h. Receivables written off

i. Decrease assets and increase expenses

j. Allowance for uncollectible accounts

178. _____ Accounts receivable less allowance for uncollectible accounts.

05_178