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Effective salespeople should think from the perspective of their buyers.
Accounts Receivable
Money owed to a business by its customers for goods or services that have been delivered but not yet paid for.
Wages Payable
Liabilities arising from employees' salaries that are earned but not yet paid by the company, representing an obligation to pay for labor services received.
Depreciable Asset
An asset that loses value over time due to wear and tear or obsolescence and for which depreciation can be applied in accounting.
Chlorinated Hydrocarbons
Chemical compounds containing chlorine, carbon, and hydrogen, which are used in industrial applications but can be harmful to the environment and health.
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