Examlex
When you tell an acquaintance your telephone number,you do not recite the digits one by one at a constant rate,as in "3,3,7,2,3,4,8,3,9,2." Rather,you might say,"3,3,7 ...2,3,4 ...83,92." This exemplifies _____,a strategy to enhance _____ memory.
Accounts Payable
Liabilities of a business that are owed to creditors for goods and services purchased on credit but not yet paid.
Rent Expense
An expense incurred by a company for the use of a property or equipment.
Repair and Maintenance
Expenses incurred to keep an asset in working condition or to restore it to its desired condition, which do not extend the asset's useful life significantly.
Bank Loan Payable
A financial obligation representing money borrowed from a bank that a company is required to pay back with interest by a specified future date.
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