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What change in the reaction direction occurs if dilute NaOH is added to a H 2 PO 4 − solution?
H2PO4 − + H2O HPO42 − + H3O+
Liability-Revenue Relationship
The association between a company's liabilities and its ability to generate income, impacting financial performance.
Unearned Revenue
Money received by a company for goods or services yet to be delivered or performed.
Adjusting Entries
Entries documented in financial records at the end of each accounting period for the purpose of allotting earnings and expenditures to the timeframe in which they occurred.
Unearned Revenues
Liabilities representing payments received for goods or services that have not yet been delivered or performed.
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