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Remote Disposal Company operates a hazardous waste storage facility.Concerned that there may be a release of chemicals from the site,Remote sells the property to Serene Developers,Inc.If there is a release,Remote is most likely
Increased
A term indicating that a numerical value, quantity, or financial metric has gone up from a previous measurement.
Account
Represents a specific financial record in bookkeeping that tracks the financial transactions of a particular aspect, such as expenses or revenues.
Asset
Resources owned by a company from which future economic benefits are expected to flow to the entity.
Recorded
The process of documenting financial transactions in accounting records.
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