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The Fifth and Fourteenth Amendments prohibit the federal and state governments, respectively, from depriving any person of life, liberty, or property without due process of law.
Accrued Salaries
Salaries that have been incurred but not yet paid, recognized as a liability on the balance sheet until paid to employees.
Liabilities
Financial obligations or debts owed by a company to external parties or creditors that must be settled over time through the transfer of economic benefits.
Stockholders' Equity
The ownership interest of stockholders in the assets of a corporation, calculated as total assets minus total liabilities.
Accruals
Accounting adjustments for revenues that have been earned but are not yet recorded in the accounts, and for expenses that have been incurred but are not yet recorded.
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