When ΔG for a System Is Zero, the System Is

question 25

Short Answer

When ΔG for a system is zero, the system is at ______________________.

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Definitions:

Increase Assets

An augmentation in the total value or amount of economic resources owned or controlled by an entity.

Increase Liabilities

An action that results in a rise in the obligations or debts of a company, affecting the company's financial position.

Increase Owner's Equity

An action or event that enhances the net worth of a business as reflected in capital or owner's investment.

Decrease Assets

A reduction in the total value or amount of economic resources owned or controlled by an entity.