Listed below are several terms and phrases associated with cash and receivables. Pair each item from List A (by letter) with the item from List B that is most appropriately associated withit.

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List A List B 1. Internal control 2. Trade discount 3. Cash equivalents 4. Allowance for a. Restriction on cash b. Cash discount not taken is sales revenue c. Includes separation of duties d. Bad debt expense as % of credit sales uncollectibles 5.Cash discount e. Recognizes bad debts as they occur. 6. Balance sheet f. Sale of receivables to as financial institution approach 7. Income statement g. Include highly liquid investments approach 8. Net method 9. Compensating balance i. Reduction in amount paid by credit customer 10. Discounting 11. Gross method 12. Direct write-off method I. Bad debt expense determined by estimating 13. Factoring h. Estimate of bad debts j. Reduction below list price k. Cash discount not taken is interest revenue realizable value m. Sale of note receivable to a financial institution