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Explain one unintended negative outcome of Immigration Reform and Control Act (IRCA) of 1986. What lessons can policy makers learn from IRCA?
Owner's Capital
The amount of money and other assets owned by a business's owner after all liabilities have been deducted; also known as owner's equity.
Accounts Receivable
Amounts due from clients to a business for goods or services that have been supplied or rendered but haven't been settled.
Accounts Payable
Amounts owed by a company to suppliers or creditors for goods and services received but not yet paid for.
Supplies
Materials and items consumed or used in the day-to-day operations of a business but not directly tied to the products manufactured.
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