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-The structures shown in the figure above are represented as
Accounts Payable
Accounts payable are liabilities or amounts owed by a company to its creditors for goods and services purchased on credit.
Accounts Receivable
Financial obligations of customers towards a business for provided goods or services, yet to be remunerated.
Office Supplies
Consumable items used in an office environment for day-to-day operations, such as paper, pens, and toner.
Accounts Payable
Money owed by a business to its suppliers shown as a liability on the company’s balance sheet.
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