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When combining word parts, a combining vowel is NOT used
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An accounting entry that either decreases assets or increases liabilities and equity on a company's balance sheet.
Salaries Expense
The total amount of salary payments made to employees, recognized as an expense in the accounting period in which the employees' services are rendered.
Office Salaries
Office Salaries refer to the compensation provided to employees who perform administrative duties within an office.
Accounts Payable
Money owed by a company to its suppliers or creditors for goods and services received but not yet paid for.
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