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It is rather easy to understand why relatives help each other in the animal kingdom-they share some of the same genes, and some self- sacrificing behaviour will help the greater sum of their genes. What would be a reason for self- sacrificing behaviour to have evolved in animals that are unrelated?
Asset Account
An account that tracks resources owned or controlled by a business or individual which have economic value.
Unearned Items
Income received for goods not yet delivered or services not yet provided, considered a liability until the goods or services are delivered.
Adjusting Journal Entry
Adjusting journal entries are made in the accounting records to correct or allocate transactions in the appropriate accounting period for accurate financial reporting.
Expense
An outflow of assets or incurring of liabilities resulting from a company's operations, intended to generate revenue.
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