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Refer to the figure, which shows the light absorption of a green alga and purple sulfur bacteria. What can be concluded from these spectroscopy data?
Earned
Refers to income or revenue that a company has generated from its operations or business activities.
Adjustments
Records documented in the financial accounts at the end of a fiscal period to distribute revenues and expenses to the timeframe in which they were truly incurred.
Asset
An economic resource owned or controlled by a company that is expected to provide future benefits.
Liability Account
An accounting record that tracks obligations or debts that a company owes to others, which must be settled over time through the transfer of economic benefits.
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