Examlex
The act of using a pronoun or possessive (or synonym) to refer back to a previously mentioned concept is __________.
Salaries Payable
A liability account that records the amount of salaries owed to employees but not yet paid.
Accrued Expenses
Expenses that have been incurred but not yet paid, recognized in the accounting period they are incurred, not when they are paid.
Cash Is Paid
A transaction method where payment for goods or services is made with cash at the point of sale or billing.
Accrued Expenses
Expenses that have been incurred but not yet paid, recognized in accounting even in the absence of supplier invoices.
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