Examlex
Which of the following is not a character encoding standard?
Expense Payable
Obligations or liabilities to pay for goods or services received but not yet paid for.
Accounting Equation
The fundamental equation of double-entry bookkeeping: Assets = Liabilities + Owner's Equity, representing a company's financial position.
Assets
Resources owned by a business or individual that are expected to provide future economic benefits.
Liabilities
Liabilities are financial obligations or debts that an entity owes to external parties, expected to be settled over time through the transfer of economic benefits.
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