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As a teacher, Kris has begun providing lessons to students that teach emotional understanding, respect and caring for others, strategies for regulating emotion, and resistance to unfavorable peer pressure because Kris knows that
Revenue Account
A Revenue Account tracks the income generated from a company’s primary operations, such as sales of goods or provision of services.
Expenses
Costs incurred in the process of earning revenue, including operational, administrative, and sales costs.
Supplies
Items used in the operation of a business that are consumed or not durable over a long period, such as office materials or cleaning supplies.
Liability
An obligation or debt that a company owes to others, which must be settled through the transfer of assets or services.
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