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Which type of succession would occur after a volcanic eruption?
Credits
Accounting entries that increase liabilities or equity or decrease an asset or expense.
Common Shares
Shares of stock, which signify part ownership in a corporation, granting the holder the right to vote on corporate matters and to receive a portion of the company’s earnings via dividends.
Revenues
The cumulative income arising from transactions involving goods or services integral to a firm's primary business.
Liabilities
Financial obligations or debts owed by a company to creditors, representing claims against a company's assets.
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