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A single drop of water in an A/C refrigeration system may cause damage to the system.
Accounts Receivable
Money owed to a company by customers for products or services that have been delivered or used but not yet paid for.
Unearned Sales Revenue
Money received by a company for goods or services yet to be delivered or performed.
Depreciable Asset
An asset subject to depreciation, representing the decline in value over time due to use, wear and tear, or obsolescence.
Investing Activities
Financial activities related to the acquisition and disposal of long-term assets and other investments not included in cash equivalents.
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