_______ 10. Receivable
Deposit made and recorded by the
_______ 11. Accounts Receivable
_______ 12. Notes Receivable
_______ 13. Direct write-off method
_______ 14. Allowance method
_______ 15. Aging of Accounts Receivable
_______ 16. Plant Assets
_______ 17. Depreciation
_______ 18. Straight-line Method
_______ 19. Units of Production Method
_______ 20. Book Value
_______ 21. Useful life
_______ 22. Unearned Revenue
_______ 23. Intangible Assets
_______ 24. Natural Resources
j.
depositor but not yet received on
the bank statement.
k. Report that explains the difference
between the book (company)
balance of cash and the cash
balance reported on the bank
statement, for purposes of
computing the adjusted cash
balances.
l. Are short term, highly liquid
investment assets, readily
convertible to a known cash.
m. The most liquid of all assets that
include currency, coins, and checks
deposited to the bank.
n. Consists of the policies and
procedures managers used to
protect assets. Ensure reliable
accounting, promote efficient
operations and urge adherence to
company policies.
o. Are assets that are physically
consumed when used.
p. Amounts received in advance from
customers for future products or
services.
q. Value based on a company’s
historical financial results.
r. Charges the same amount of
expense to each period of the
assets useful life.
s. Tangible long-lived assets used to
produce or sell products and
services.
t. Accounting for bad debts matches
the estimated loss from
uncollectible account receivable
against sales they helped produce.
u. A more formal credit agreement
with interest components.
v. An amount due from another party.
w. Checks written (or drawn) by the
depositor, deducted on the
depositor’s record.
x. Small amount of cash in fund to pay
minor expenses; imprest system.