Match the terms with their correct definition.
1. Accounts receivable
2. Other receivables
3. Debtor
4. Notes receivable
5. Maturity date
6. Creditor
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.
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.
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.

  • CreatedJanuary 16, 2015
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