Examlex
If you issue shares in your company to your employees,you are risking noncompliance with securities law.
Sales Taxes Payable
Current liabilities on a company’s balance sheet, representing taxes collected from customers on behalf of governmental authorities which are yet to be remitted.
Credited
An accounting entry that increases a liability or equity account, or decreases an asset or expense account.
Future Payments
Obligations that are due to be paid at a future date.
Liabilities
Debts or obligations that arise during the course of business operations, which must eventually be paid off or settled.
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