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An unliquidated debt can be best described as one that:
Cash Collections
The process of gathering all cash received from sales, services, or other sources.
Cash Budget
A forecast of cash inflows and outflows over a specific period, used for cash management.
Cash Receipts
The collection of money, typically in the form of cash or checks, by a business from its customers for goods or services provided.
Cash Disbursements
Outflows of cash for expenses, purchase of assets, or repayment of debt by a business within a given period.
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