Examlex
Match each description with the item below.
-Hiram Revels
Accounts Payable
Liabilities representing amounts owed by an entity to suppliers or creditors for goods and services received but not yet paid for.
Fees Earned
Revenue generated from providing services, as opposed to selling goods.
Capital
Financial assets or the financial value of assets, such as funds held in deposit accounts and/or funds obtained from special financing sources.
Debits
Accounting entries that increase assets or expense accounts, or decrease liability, equity, or revenue accounts.
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