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Nora's school has implemented a new school program which will be embedded in every class. They want to focus on helping students to improve their achievement motivation, become engaged, and learn conflict resolution skills. They, further, want to include the parents and the community in this endeavor to increase parents' involvement in school and bring in more community resources. This school is most likely using a(n) ______.
Ledger
A comprehensive collection of a company's financial accounts, where all transaction data is recorded, including debits and credits.
Adjusting Entries
Journal entries made at the end of an accounting period to record revenues to the period they are earned and expenses to the period incurred.
Cost of Goods Sold
The expenses directly associated with the manufacturing of products a company sells, such as materials and labor.
Customer Returns
Goods or merchandise sent back to the retailer or manufacturer by the purchaser due to defects, dissatisfaction, or other reasons.
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