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Oxygen atoms are used to make water molecules. Does this mean that oxygen, O2, and water, H2O, have similar properties?
Contra-Liability Account
An account that decreases the balance of a related liability account, representing a credit balance in the liability section of the balance sheet.
Continuing Operations
The segments or activities of a business that are expected to continue for the foreseeable future, excluding discontinued operations.
Asset Retirement Obligations
Legal obligations associated with the retirement of a tangible, long-lived asset that result from its acquisition, construction, development, or normal operations.
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