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Conservatives tend to take a basically negative view of human nature.
Accounting System
A systematic process of recording, summarizing, and analyzing an organization's financial transactions, often facilitated by software.
Accounts Payable Subsidiary Ledger
A detailed ledger containing all individual creditor accounts, supporting the main accounts payable account by listing individual transactions.
Purchases Journal
A specialized accounting journal used to record all purchasing transactions, particularly on account.
Record Purchase
The accounting process of recording the buying of goods or services in the financial records of a company.
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