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5 Cards in this Set
- Front
- Back
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Accounts payable |
Sum total of all invoices that will be due to suppliers which are expected to be paid within one year or one accounting cycle. |
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Taxes payable |
Taxes to government authorities. |
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Wages payable |
Payment to employees. |
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Unearned revenues |
Cash received by an entity for the delivery of goods, delivered at a later date. |
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Dividends payable |
Dividends that have been declared by entities' board of directors but have yet to be paid to entities shareholders. |
