Examlex
Net neutrality means that:
Prepaid Expense
Payments made in advance for goods or services to be received in the future, recorded as an asset on the balance sheet until the expense is incurred.
Interest Revenue
Income earned from the lending of money or from investments in interest-bearing accounts.
Account Payable
An amount owed by an entity to a creditor for goods and services purchased on credit; considered a short-term liability.
Account Receivable
Funds that are owed to a company by clients or customers who have received goods or services on credit.
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