A Divorce or _____Action Acknowledges That a Valid Marriage Existed

question 44

Short Answer

A divorce or _____action acknowledges that a valid marriage existed, but the parties now wish to end the marital contract.

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Definitions:

Customers Pay

This term refers to the action of clients or buyers giving money in exchange for goods or services.

Service

An intangible commodity that involves the provision of labor or expertise, rather than goods, for the benefit of a consumer.

Accounting Cycle

The sequence of procedures performed in accounting to process, record, and report financial transactions over a specific period.

Adjusted Trial Balance

An adjusted trial balance is a list of all the accounts of a company, including any adjustments, showing the final balances to be used for financial statements.