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The three major parts of an ERD diagram are:
Liquidation Expenses
Costs associated with the liquidation process, including legal, accounting, and selling expenses necessary to convert assets into cash.
Noncash Assets
Assets that are not in the form of cash or not easily convertible to cash, often including property, plant, and equipment.
Forthcoming Contribution
Expected or promised financial donations or investments that are pledged to be given at a future date.
Cash Account
A type of account where all transactions involve the immediate payment of cash.
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