Examlex
The communists took over China in ________.
Classification
The systematic arrangement of business transactions or accounts into categories for reporting and analysis purposes.
Normal Balance
The side (debit or credit) of an account that is expected to have a higher balance based on accounting rules.
Accounts Payable
Liabilities or amounts owed by a business to its suppliers for goods and services received but not yet paid for.
Accounts Payable
Money owed by a business to its suppliers or creditors for goods and services received but not yet paid for.
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