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Earned but Uncollected Revenues That Are Recorded During the Adjusting

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Earned but uncollected revenues that are recorded during the adjusting process, with a credit to a revenue account and a debit to an expense account, are referred to as accrued expenses.


Definitions:

Subsidence

The gradual sinking of the ground's surface, often due to natural processes like the compaction of sediment or human activities like the extraction of underground resources.

Collapse Structures

Geological features that form when the ground above a cavity or void in the Earth's crust falls in or collapses, often leading to sinkholes or cenotes.

Landslides

The movement of a mass of rock, earth, or debris down a slope due to gravity.

P-S Intervals

The time difference between the arrival of primary (P) and secondary (S) waves on a seismogram, used to determine the distance to an earthquake source.

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