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What is the definition of planetary differentiation?
Accounts Payable
Liabilities owed by a company to its suppliers or creditors for goods or services purchased on credit.
Note Receivable
A promissory note from the payee’s point of view.
Promissory Note
A written promise to pay a specified amount of money, usually with interest, at a determined future date.
Payee
The person or company to whom the check is payable.
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