Examlex
Which of the following is not a characteristic of a service?
Expenses
Costs incurred in the process of earning revenue, including operational costs like rent, utilities, and payroll.
Withdrawals
Refers to the act of taking money out of a bank account or the removal of funds from a business by its owner for personal use.
Accounts Payable
The amount of money a company owes to its suppliers or vendors for goods or services received but not yet paid for.
Unearned Revenue
Money received by a company for goods or services yet to be delivered or performed, recognized as a liability on the balance sheet.
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