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Previous learning can best be described as
Accounts Receivable
Amounts due from customers for merchandise or services rendered by a corporation, still awaiting payment.
Utilities Expense
Costs incurred by a business for basic utilities such as water, electricity, gas, and sewage services.
Services Provided
Services provided refer to the performance of non-tangible tasks or activities by a company for its clients or customers, as opposed to selling physical products.
Customer on Account
A term used to describe a sale made on credit, where the customer agrees to pay the amount owed at a later date.
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