Amounts owed by customers documented by a formal written instrument of credit

A) Accounts receivable turnover
B) Net realizable value
C) Accounts receivable
D) Aging the receivables
E) Receivables
F) Direct write-off method
G) Allowance for doubtful accounts
H) Bad debt expense
I) Notes receivable

Formal Written Instrument

Refers to a legal document that formally records a transaction, agreement, or legal obligation between parties.

Credit

Amount entered on the right side of an account.

Notes Receivable

Financial assets representing amounts owed to a company, usually evidenced by a formal promissory note.