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What is the definition of aerobic?
Accounts Receivable
Amounts due from clients to a business for goods or services already delivered but yet to be paid for.
Income Tax Payable
A liability account on a company's balance sheet representing the amount of income taxes owed to various governmental entities but not yet paid.
Accrued Expenses Payable
Liabilities recorded on the books for expenses that have been incurred but not yet paid.
Accounts Payable
Liabilities of a business that are owed to creditors and suppliers, typically for purchases made on credit.
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