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Explain the type of information used to prepare the journal entries to record the issuance of no-par value shares.
Union Dues
Regular payments made by members to support the operations and activities of their labor union.
Union Security
Arrangements within labor agreements that ensure the financial and organizational stability of the workers' union, often through membership mandates or dues requirements.
Grievance Procedure
A formal process through which employees can report complaints or concerns regarding work conditions or treatment.
Settlement
The resolution or agreement reached in a dispute, negotiation, or legal case outside of or within a court process.
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