Please help match the definitions

NAME CHAPTER 9 Match each of the following terms with the appropriate definiti a. Trading securities b. Held-to-maturity securities Match each of the following terms with the appropriate definition. C. Principal of a note d. Full disclosure principle a. Temporary investments e. Materiality principle b. Bad debts f. Available for sale securities c. Aging accounts receivable g. Dishonoring a note d. Short-term investments h. Accounts receivable turnover e. Promissory note i. Contingent liability f. Payee of a note j. Maker of a note 9. Accounts receivable h. Allowance for doubtful accounts 1. A measure of both the quality and liquidity of accounts Realizable value receivable. It indicates how often, on average, receivable Matching principle are received and collected during the period. 2. Debt securities that the company has the intent and ability 1. Amounts due from customers arising from credit sales. hold until they mature. 2. A process of classifying accounts receivable in terms of how 3. The accounting principle that states that an amount may b long they have been outstanding for the purpose of estimating ignored it its effect on the financial statements is unimport the amount of uncollectible accounts. to their users. 3. A written promise to pay a specified amount of money either 4. Occurs when a note's maker is unable; or refuses, to pay a on demand or at a definite future date. maturity. 4. The expected proceeds from converting assets into cash. 5. Investments in debt and equity securities that the company 5. The accounts of customers who do not pay what they have intends to actively trade for profit. promised to pay a company. 6. An obligation to make a future payment if, and only if, an 6. The accounting principle which requires that expenses be ". uncertain future event actually occurs. reported in the same accounting period as the sales they 7. The accounting principle that requires that financial stateme helped to produce. (including the footnotes) report all relevant information abo 7. Current assets that serve a similar purpose to cash the operations and financial position of the entity. equivalents, generally mature between 3 to 12 months at 8. One who signs a note and promises to pay it at maturity. which time management expects to convert them into cash. 9. Investments in debt and equity securities that are purchase 8. A contra asset account with a balance equal to the estimated to increase in value, or to earn interest or dividends. They amount of accounts receivable that will be uncollectible. not actively managed 9. Another name for short-term investments. 10. The amount that the signer of a promissory note agrees to 10. The one to whom the promissory note is made payable. pay back when the note matures. not including interest