Examlex
In the figure above, which field is being counted?
Inventory Balance
The value of all the goods available for sale or use by a business at the end of an accounting period.
Accounts Receivable
Financial obligations of customers to a business for services or goods delivered but not remunerated.
Accounts Receivable
Amounts due from clients to a business for goods or services already delivered but yet to be paid for.
Income Tax Payable
A liability account on a company's balance sheet representing the amount of income taxes owed to various governmental entities but not yet paid.
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