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To grow in your career, sometimes it is good to take a lateral move rather than always taking higher positions.
Land Purchase
The acquisition of land as a fixed asset with the intent of using it for business operations or investment purposes.
Accounts Payable
Money owed by a company to its creditors for goods and services that have been received but not yet paid for.
Inventory
Goods or materials that a business holds for the purpose of resale or production.
Prepaid Insurance
An asset account that represents insurance paid in advance, which is expensed as it is used or over time.
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