Match each phrase from list A with the correct term from list B by placing the letter designating in the answer Colum Effective rate A. Includes separation of duties Monetary assets B. Sales are recorded at the invoice amount less the discount Annuity Due C. Bad debt expense a % of credit sales Restricted Cash D. result from credit customers who are unable to pay the amount they owe, regardless of continuing collection efforts Accounts Receivable E. Reduces the armount paid by a credit customer if paid within a specified time Net method F. Management's intent to use a certain amount of cash for a specific purpose Sales Retums G. Merchandise may be returned by a customer to a supplier Cash discount H. The result from the credit sales of goods or services to customers Net realizable value I. The actual rate at which money grows per year Bad debts J. Cash flows occur at the beginning of each period Balance sheet approach K. Bad debt expense determined by estimating net realizable value Income statement approach L is the amount of the accounts receivable that the business expects to collect Internal control M. Include money and claims to receive money in the future, the amount of which is fixed or determinable