Examlex
Match the definition with the term.
-the power (Stevens's) law
Merchandise Inventory
Goods a company holds for the purpose of sale to customers.
Unearned Rent
Unearned Rent is a liability representing rent payments received in advance for which the services have yet to be rendered or the occupancy period has not yet occurred.
Rental Income
Revenue received from leasing property or other assets to tenants.
Advance
A payment made before it is due or for goods and services yet to be received.
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