Examlex
A strategy of exclusive dealing is most likely considered legal if ________.
Postdated Check
A check written with a future date, preventing it from being cashed or deposited until that date.
Bank Reconciliation
The process of matching and comparing figures from the accounting records against those presented on a bank statement to ensure they are in agreement.
Deposit in Transit
Funds that have been deposited by a company in its bank account but have not yet been recorded by the bank, leading to a timing difference in the company's accounting records.
NSF Notation
A notation made by banks on a bounced check indicating "non-sufficient funds," meaning the account does not have enough money to cover the check.
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