Examlex
Draw the structure of polyethylene terephtalate (PET), obtained by reaction below:
Accounts Payable
The amounts a company owes to creditors for items or services purchased on credit which are due within a year or within a company's operating cycle.
Equipment
Tangible assets used in operations, such as machinery and computers, which are not intended for sale.
Owner's Equity
Owner's equity is the residual interest in the assets of the entity after deducting liabilities, representing the owner's claim on the business assets.
Income Statement
A report detailing a company's income and expenditures within a certain time frame, leading to a profit or deficit.
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