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Crossword Puzzle
Crossword Puzzle

Accounting Challenges: Bad Debts Edition

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Accounting Challenges: Bad Debts Edition

Crossword Puzzle

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About this activity

Test your knowledge on financial practices related to uncollectible accounts.

Created by

Carrie Curry
Carrie Curry
United States

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Accounting Challenges: Bad Debts Edition
 

Crossword Puzzle

Accounting Challenges: Bad Debts EditionOnline version

Test your knowledge on financial practices related to uncollectible accounts.

by Carrie Curry
1

The removal of an uncollectible account from the financial records.

2

Amounts owed to a company by customers for goods or services provided.

3

A reserve created to account for expected losses from bad debts.

4

The process of pursuing payments from customers who owe money.

5

Failure to fulfill a financial obligation, such as repaying a debt.

6

The process of categorizing accounts receivable based on the length of time they have been outstanding.

7

Accounts of customers who do not pay what they promised to pay.

8

A written contract with a promise to pay a supplier a specific sum of money at a definite time.

9

__________ rule: the assumption that there are 360 days in a year.

10

Amount that the signer agrees to pay back when it matures.

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