5 Receivables are created through transactions of the _____ of merchandise or service on credit and through _______ of money. 2.6 In business, credit sales give rise to the two most common types of receivables: _______ receivable and _______ receivable. 2.7 When an account receivable becomes uncollectible, a firm incurs a _______ loss. 2.8 Ways to account for _________ accounts include the direct write-off method and the allowance method. 2.9 With ______________ , a firm uses its experience or industry averages to estimate the amount uncollectible. 2.10 With ____________ , each receivable is categorized according to age.