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Covalent bonds form when
Accounts Receivable
Outstanding payments due to a business from its clients for goods or services already delivered but not yet settled.
Unearned Revenues
Funds paid to a business for products or services that are to be supplied or carried out in the future.
Adjusting Entry
An accounting entry made in the books at the end of an accounting period to allocate income and expenditure to the correct period.
Accrued Revenue
Revenue that has been earned through sales or services provided but not yet received by the company.
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