Examlex
When Travis decided he wanted to catch a bird with a butterfly net,his parents encouraged him to test out his idea.Because his parents supported his plan,he will probably grow up with:
Cash
Liquid assets held by a company or individual, used for transactions or as a reserve for future needs.
Accounts Receivable
Represents the money owed to a company by its customers for goods or services that have been delivered or used but not yet paid for.
Supplies
Materials or items used in the operation of a business or needed in the process of providing a service or making goods.
Accounts Payable
Liabilities owed by a company to its creditors for goods or services that have been delivered or used but not yet paid for.
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