Examlex
Which football manager observed that "fear is the best way not to achieve what you want to achieve"?
Cash
Refers to money in the form of coins or banknotes, especially that possessed by a person or business for transactions.
Accounts Payable
Accounts payable is a liability account that records amounts a company owes to suppliers or creditors for goods and services received but not yet paid for.
Utilities Expense
The cost incurred from the consumption of utility services such as electricity, water, and gas in the business operations.
Income Summary Account
An account used in closing entries to gather all income and expense items, facilitating the transfer of their net balance to retained earnings.
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