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After successfully running into the cabin from the large, snarling, drooling grizzly bear that was headed in your direction, you pause to catch your breath and collect your wits. The physical symptoms you now experience are controlled by the
Credits
Accounting entries that increase liabilities or decrease assets, typically reflecting the sources of value in transactions.
Accounts Payable
Liabilities to creditors arising from purchases of goods, services, or loans, representing amounts a company owes and must pay in the near term.
Buildings
Structures such as offices, warehouses, and factories owned by a company for the purpose of conducting business operations.
Chart Of Accounts
A systematic list of all account titles and numbers used by a business to organize its financial transactions and prepare financial statements.
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