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92 a sales invoice that bears the notation 2 10 means 93 to encourage prompt 4299876


92. A sales invoice that bears the notation 2/10 means ____________________.

93. To encourage prompt payment, sellers offer a(n) ____________________.

94. According to the ____________________ principle, bad debt expense must be recorded in the period related to the sale.

95. The method in which companies use two entries to account for bad debt expense- one to estimate the expense and a second to write off receivables is the ____________________.

96. A(n) ____________________ categorizes the various accounts receivable amounts by their ages.

97. ____________________ are receivables that generally specify an interest rate and a maturity date at which any interest and principal must be repaid.



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