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The neuron doctrine
Cash Payments
Transactions that involve the direct transfer of money to settle obligations, including expenses, debts, or purchases, without the use of credit.
Accounts Receivable
Money owed to a company by customers for products or services that have been delivered or used but not yet paid for.
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This represents the amount of income tax that a company owes to the government but has not yet paid.
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The transactions involving the exchange of goods or services for money, reflecting the primary revenue activity of a business.
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