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Ever since she passed out of college,Jane has been working long hours at her job as an accountant with a small company in the hope that her hard work will pay off,and that she will achieve success in her career and gain economic stability.Jane obviously believes in what Phyllis Moen describes as the:
Risk
The potential for loss or the chance that an investment's actual return will differ from the expected outcome.
Debts
Money owed by one party to another, which is to be repaid according to terms agreed upon by both parties.
Revenue Account
An account that records the income generated from the sale of goods and services.
Debit Balance
An account balance where total debits exceed total credits.
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