The word "BALIVA" is spelled as bəlɪvə. The IPA phonetic transcription indicates that the first syllable, "bal," is pronounced with a short "a" sound followed by an "l" sound. The second syllable, "i," is pronounced with a short "i" sound, and the final syllable, "va," is pronounced with a short "u" sound followed by a schwa sound. Overall, the spelling of "BALIVA" accurately represents the phonetic sounds of the word.