Examlex
Which of the following is a disadvantage of texting as a channel?
Unearned Rent
Income received for rent that has not yet been earned because the rental period has not taken place. It is recorded as a liability until the rent is earned.
Office Salaries Payable
This term refers to the obligation or amounts due to office employees for wages earned but not yet disbursed by the company.
Accumulated Depreciation
The total amount of depreciation expense that has been recorded for an asset since its acquisition.
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