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What is the product of this esterification reaction?
Accounts Receivable
Money owed by customers to a company for goods or services that have been delivered or used but not yet paid for.
Credit Sales
Sales for which payment is not received at the time of purchase, allowing customers to pay at a later date, thereby creating receivables for the seller.
Cash Sales
Transactions where payment is made in cash at the time of purchase, without the extension of credit.
Inventory
The goods and materials that a business holds for the ultimate purpose of resale or production.
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