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ACROSS - PowerPoint PPT Presentation

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ACROSS
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  1. Chapter 9 ACROSS 5   Tells whether the entity could pay all its current liabilities if they came due immediately. 9   An account that the customers don't pay, and creates an expense to the company. 10   The party that sells a good or service on credit and obtains a receivable (asset) DOWN 1   The person who has a credit transaction to make a purchase and has a payable (liability). 2   Amount loaned out by the payee and borrowed by the maker of the note. 3   The date when final payment of the note is due. 4   Monetary claims against other. 6   Failure to repay a note at maturity. 7   The revenue to the payee for loaning money; the expense to the debtor. 8   Another word for uncollectible accounts