Examlex
List three ways to navigate through a subject guide.
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.
Prepaid Expenses
Payments made in advance for goods or services to be received in the future, considered an asset on the balance sheet until utilized.
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