Examlex
Animals that lack a body cavity to separate the gut from the muscles of the body wall are referred to as ____.
Liability Account
A liability account records the obligations or debts a company owes to others, such as loans, accounts payable, and mortgages.
Asset Account
An account on a company's balance sheet that represents a resource with economic value owned or controlled with the expectation that it will provide future benefit.
Expense Account
An account that tracks money spent on business operations, often categorized for budgeting and tax purposes.
Asset Account
An account that represents resources owned or controlled by a company from which future economic benefits are expected.
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