Examlex
Each standard library has a corresponding:
Equity
The residual interest in the assets of an entity after deducting liabilities, representing ownership interest in a company.
Expenses
Financial outlays that are necessary for the operations of a business, which can include both fixed and variable costs.
Supplies
Items that are used in the operation of a business but do not directly enter into the finished product.
Accounts Payable
Money owed by a company to its suppliers or creditors for goods and services received.
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