The uniform stacking of layers of nacre below the surface of the shell also causes interference effects that contribute to the iridescent colors. The pearl derives its iridescence from the diffraction and interference of white light, caused by tiny overlapping platelets of calcium carbonate.
like assets many liabilities are intuitive however there may be some instances where a liability needs to be recorded although the company may not have perceived it as one an example of this would be a finance lease where there is no present obligation to pay the future lease payments
Liability. In personal finance, liabilities are the amounts you owe to creditors, or the people and organizations that lend you money. Typical liabilities include your mortgage, car and educational loans, and credit card debt.n obligation to pay an amount in money, goods, or services to another party. The balance sheet lists the liabilities. Also called debt. Compare asset. See also contingent liability, current liability.