n0-14 Defining common receivables terms Lea Match the terms with their correct dcinition. Definitions Terms a. The party to a credit transaction who takes on an obligation/payable. b. The party who receives a receivable and will collect cash in the future. 1. Accounts receivable 2. Other receivables 3. Debtor C. A written promise to pay a specified amount of money at a particular future date. d. The date when the note receivable is due. 4. Notes receivable 5. Maturity date 6. Creditor e. A miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. The right to receive cash in the future from customers for goods sold or for services performed.
n0-14 Defining common receivables terms Lea Match the terms with their correct dcinition. Definitions Terms a. The party to a credit transaction who takes on an obligation/payable. b. The party who receives a receivable and will collect cash in the future. 1. Accounts receivable 2. Other receivables 3. Debtor C. A written promise to pay a specified amount of money at a particular future date. d. The date when the note receivable is due. 4. Notes receivable 5. Maturity date 6. Creditor e. A miscellaneous category that includes any other type of receivable where there is a right to receive cash in the future. f. The right to receive cash in the future from customers for goods sold or for services performed.
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 13GI
Related questions
Question
![ro.14 Defining common receivalles terms
Metch the terms with their correct definition.
Lear
Definitions
Terms
a. The party to a credit transaction who takes on an
obligation/payable.
b. The party who receives a receivable and will collect cash in
1. Accounts receivable
2. Other receivables
3. Debtor
the future.
C. A written promise to pay a specified amount of money at a
particular future date.
4. Notes receivable
5. Maturity date
d. The date when the note receivable is due.
e. A miscellaneous category that includes any other type of
receivable where there is a right to receive cash in the
future.
6. Creditor
f. The right to receive cash in the future from customers for
goods sold or for services performed.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fedee434d-fd6f-49bb-a179-14f2193234b3%2Faf30f2fd-b1a8-4616-88b2-8703c01468c8%2Fuoo33qo_processed.jpeg&w=3840&q=75)
Transcribed Image Text:ro.14 Defining common receivalles terms
Metch the terms with their correct definition.
Lear
Definitions
Terms
a. The party to a credit transaction who takes on an
obligation/payable.
b. The party who receives a receivable and will collect cash in
1. Accounts receivable
2. Other receivables
3. Debtor
the future.
C. A written promise to pay a specified amount of money at a
particular future date.
4. Notes receivable
5. Maturity date
d. The date when the note receivable is due.
e. A miscellaneous category that includes any other type of
receivable where there is a right to receive cash in the
future.
6. Creditor
f. The right to receive cash in the future from customers for
goods sold or for services performed.
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