Matching Reference: 05_173 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...

Matching

Reference: 05_173

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

173. _____ Contra asset that represents the estimated amount of future bad debts.

05_173

174. _____ Actual bad debts.

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175. _____ The effect of estimating future bad debts.

05_173