On January 1, 2007 Al's Cleaning Services received an advance payment of $3,000 for three months of cleaning services. The $3,000 was recorded as Unearned Cleaning Revenue because the services had not yet been provided. Which of the following will the January 31, 2007 adjusting entry include?

A company would choose to factor it's receivables because:

Athens Corp. sold 80% pro rata interest in a $2,000,000 note receivable to Sparta Company Ltd. for $1,920,000. The note was originally issued at its face amount. Future benefits and costs of servicing the note are immaterial. If the provisions of SFAS 140 are followed, the amount of gain or loss that the former should recognize on this transfer of a partial interest _________ .

Allowance for doubtful accounts is ________

An accrued revenue would be shown on the balance sheet as _____

The net realizable value of Accounts Receivable is__________.

An invoice is_____________

Accounts Receivable is recorded as _________

Is the Accounts Receivable department considered 'revenue generating'?

An amount added to the cost of merchandise to establish the selling price is called:

Allowance for Accounts Receivable is called ________