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In general,what should an employer do whenever an employee leaves the firm?
Receiving Payment
The process of collecting money from customers or clients in exchange for goods or services rendered.
Notes Payable
Short-term or long-term liabilities representing amounts owed by a business, documented by a formal promissory note.
Accounts Payable
Liabilities owed by a business to its suppliers or creditors for goods and services purchased on credit.
Note Payable
A written promise to pay a certain amount of money at a future date, often including interest.
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