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Condensation Differs from Precipitation, Because During Precipitation Water Vapor Is

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Condensation differs from precipitation, because during precipitation water vapor is removed from the atmosphere, whereas during condensation solid or liquid water is removed from the atmosphere.


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Equipment

Physical assets used in the operation of a business to produce goods or services.

Monthly Rent

Regular payment made for the use of property or land, agreed upon on a monthly basis.

Utilities Expense

Utilities expense refers to the cost incurred by businesses or individuals for the usage of basic utilities such as electricity, water, gas, and telecommunication services.

Accounts Receivable

Money owed to a company by its customers for products or services that have been delivered or used but not yet paid for.

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