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What is the name of the uniform law that many states have adopted that recognizes that both natural parents have certain rights and obligations regarding their children?
Supplies Account
An account used in accounting to track the amount spent on supplies that are used in the business operations.
Accounting System
A systematic process of collecting, recording, classifying, summarizing, and interpreting financial transactions of a business.
Purchases Journal
The purchases journal is an accounting record used to document all purchases of merchandise on credit, tracking the total amount owed to suppliers.
Cash Receipts Journal
A specialized accounting journal used to record all cash inflows or cash received by an organization.
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