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You are explaining to a friend about the tiny air sacs in the lungs where exchange of gases occurs in respiration. What are these sacs called?
Accounts Receivable
Funds that clients or customers are required to pay to a business for products or services delivered on credit.
Sales Revenues
The income received by a company from its sales of goods or services before any expenses are subtracted.
Accounts Payable
An account representing short-term liabilities to suppliers or creditors for goods and services received but not yet paid for.
Inventory
The goods and materials that a business holds for the ultimate goal of resale or production.
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