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A class action lawsuit is certified only if there is commonality among the plaintiffs' claims.
Accrued Wages
Wages that have been earned by employees but have not yet been paid by the company.
Wages Payable
A liability account reflecting the amount of salary or wages owed to employees for work performed but not yet paid.
Unearned Fees
Income received by a business for services that have not yet been performed or delivered.
Fees Earned
Revenue generated from providing services to clients or customers.
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