Cellular Respiration: Three Stages and Overview

Cellular Respiration

• The stage responsible for producing many ATP molecules through electron transport is the Electron Transport Chain.
• The process of converting ADP molecules back into ATP molecules is known as Cellular Respiration.
• Aerobic Respiration can produce up to 36-38 ATP molecules.
• Lactic Acid Fermentation produces lactic acid as a byproduct.
• The primary function of Glycolysis is to break down glucose into Pyruvic Acid.
• In the presence of oxygen, Pyruvic Acid is converted into Acetyl-CoA, which enters the Citric Acid Cycle.
• The net gain of ATP molecules from Glycolysis is 2 ATP.

Business and Accounting

• The accounting equation is: Assets = Liabilities + Equity.
• Inventory refers to the cost of unsold merchandise or raw materials that a company intends to sell.
• The primary characteristic of Intangible Assets is that they are non-physical.
• Prepaid Expenses refer to future expenses that a company has paid for in advance.
• Accounts Receivable refers to a general right that refers to the company's right to collect or claim payment.
• When the owner draws from the business, assets decrease.
• A Mortgage is considered a long-term liability for a company.
• The primary function of the Owners Withdrawal Account is to track the owner's drawings from the business.
• Revenues are generated in a business when a company sells its products or services to customers.
• The Owners' Equity Account represents the net ownership interests of investors in a business.