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Why are detailed representations of equipment not neces- sary on piping plans?
Accounts Receivable
Debts owed by customers to a business for goods or services already provided but unpaid.
Accounts Payable
Liabilities of a company or individual that are due to creditors within a short period of time, typically for purchases of goods or services.
Cash
Represents money in coins, currency, or bank balances that is readily available for use.
Supplies Expense
The cost associated with consumable items used during the business operations and not directly tied to the production of goods or services.
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