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Photorespiration is
Interest Payable
A liability account representing the amount of interest expense that has been incurred but not yet paid by the company.
Current Liability
A liability that is expected to be paid off within a year's time or within the normal operating cycle of a business.
Short-Term Obligation
Debt or financial obligations due within one year.
Payroll Taxes
Taxes imposed on employers or employees, and are usually calculated as a percentage of the salaries that employers pay their staff.
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