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O3, not O2, is the thermodynamically favored allotrope of oxygen for the conditions found at the Earth's surface.
Total Assets
Total assets refer to the sum of all current and non-current assets owned by a company, reflecting the total resources available for use.
Total Liabilities
Total liabilities refer to the sum of all financial obligations a company owes to outside parties, including loans, accounts payable, and mortgages.
Prepaid Insurance
An asset account that reflects payments made for insurance services before the coverage period.
Asset Account
A record in the financial statements that shows the value of a company's assets, including current, fixed, tangible, and intangible assets.
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