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When you lock a cell, it is hidden in the worksheet.
Current Liability
Financial obligations a company owes and is expected to pay within a year.
Long-term Liability
A debt or obligation not due within the current accounting year, requiring repayment over a longer period.
Warranty Repairs
Services provided to repair or fix products free of charge under a warranty agreement, considered a contingent liability when the product is sold.
Parts Inventory
The stock of components or parts kept on hand by a company to assemble products or perform service maintenance.
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