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According to the text,performance is basically determined by
Liability Section
A portion of the balance sheet that lists a company's obligations and debts, including both current and long-term liabilities.
Accounts Receivable
Accounts receivable are amounts owed to a business by customers for goods or services delivered but not yet paid for.
Asset Section
The asset section of a balance sheet details a company's owned resources with economic value anticipated to provide a future benefit.
Wages Expense
The total amount of money paid to employees for work performed, reported on the income statement.
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