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Created by Ali Stabler
about 7 years ago
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Question | Answer |
Accrued Expense | expenses that have been incurred but not yet paid ie. vacation leave/pay |
Accounts Payable | Money owed by the business to its suppliers |
Accounts Receivable | Money owed to the business by its customers |
Assests | Tangible or intangible items of value owned by the business |
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