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The observed slowing down of time predicted by Einstein's Special Theory of Relativity for an object traveling close to the speed of light is referred to as
Fees Payable
Liabilities or amounts owed by a company for services rendered by others, not yet paid at the balance sheet date.
Balance Sheet
An accounting document showing the worth of a company's assets, debts, and owner's equity on a particular date.
Asset
Resources owned by a business that have economic value and can provide future benefits.
Liability
Financial obligations or debts that a company owes to others, recorded on the balance sheet.
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