Accounting


Word Scramble for...

Accounts Receivable &
Bad Debts Expense

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NOTE: To see each answer, place your cursor in the middle of the cell under "Unscrambled Answer".

Word Clue
Scrambled
Answer
 Unscrambled
Answer
 1. Collections of amounts from customers who had purchased on credit are ___________ to Accounts Receivable. TRICDEED CREDITED
 2. When sales terms are FOB______________ title passes at the buyer's location. INTDAOISETN DESTINATION
 3. The valuation account associated with Accounts Receivable is the _____________ for Doubtful Accounts. OWNACLALE ALLOWANCE
 4. When terms are 2/10, n/30, the seller is allowing a 2% _________ if the invoice is paid within 10 days. TUSIDCON DISCOUNT
 5. Sorting the accounts receivable according to the dates of the sale invoices is the _________ of accounts receivable. IGAGN AGING
 6. The percentage of ______________ method for bad debts focuses on the balance reported in the allowance account. SBEEARIVLEC RECEIVABLES
 7. The percentage of ______ method for bad debts focuses on the expense reported on the income statement. EASSL SALES
 8. The _________ write-off method for bad debts is required for income tax purposes. EIDRTC DIRECT
 9. Accounts receivable is reported as a __________ asset. EUCTNRR CURRENT
10. Annual credit sales divided by the average balances in accounts receivable is the receivables _________________ ratio. ERTVRUNO TURNOVER



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