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When very few substitutes for a good exist, demand will be
Accounts Payable
An entry in financial accounts showing a corporation's duty to reimburse a short-term loan from its creditors or vendors.
Total Assets
The sum of all current and non-current assets owned by a company, representing the total resources that can be used to generate future income.
Total Liabilities
The total amount of financial obligations a company owes to outside parties, including loans, bonds, accounts payable, and other debts.
On Account
A term indicating that a purchase has been made or services have been ordered with payment to be made at a later date, typically used in accrual accounting.
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