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What is one reason to use the taxes payable method?
March
A month of the year falling between February and April.
February
The Gregorian calendar's second month.
Administrative Expense
Administrative expense refers to the costs associated with the general operation of a business, such as salaries of non-production staff, rent, and utilities.
Finished Goods
Completed products that are ready for sale but have not yet been sold to customers.
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