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If the nerve carrying information between your stomach and brain were severed, you would still feel hungry and would eat regularly.
Unearned Revenue
Money received by a company for goods or services that have yet to be delivered or performed.
Liability
Financial obligations or debts that a company owes to outside parties, which must be settled over time through the transfer of economic benefits.
Balance Sheet
A financial statement that provides a snapshot of a company's financial position, listing assets, liabilities, and shareholders' equity at a specific point in time.
Current Assets
Resources anticipated to be turned into cash, sold, or used up within a year or during the business's usual operating period, if that period extends beyond a year.
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