Examlex
_________calculate the number of elements in lists.
Accounts Payable
Short-term liabilities of a company, representing amounts owed to creditors for goods or services received.
Accounts Receivable
Funds that customers owe to a business for goods or services that have been provided but remain unpaid.
Owner's Equity
The residual interest in the assets of the entity after deducting liabilities, representing the ownership interest in the company.
Cash Payments Journal
A financial journal that records all cash payments made by a business, including expenses, purchases, and debt payments.
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