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The former Soviet Union is an example of a political union.
Utility Bill
A bill for services provided by a utility company, such as electricity, water, natural gas, or telecommunications.
Owner's Equity
The residual interest in the assets of a business after deducting liabilities, representing the capital owned by the owners or shareholders.
Assets
Resources owned by a business that have economic value and can be converted into cash.
Liabilities
Financial obligations or debts owed by a company to third parties, which must be settled over time through the transfer of assets, provision of services, or other means.
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