Examlex
-The letter C is the
Bank Service Charge
Fees charged by a bank for the use of its services, such as account maintenance, wire transfers, and overdraft fees.
Bank Statement Adjustment
The process of reconciling the balance of a bank account in the company's ledger with the balance reported on the bank statement, adjusting for items like outstanding checks or deposits in transit.
Company Books Adjustment
Modifications made to the entries in a company's accounting records, to correct errors or update the books to more accurately reflect financial positions.
EFT Deposit
EFT Deposit refers to the electronic transfer of funds from one bank account to another, commonly used for direct deposit of paychecks and other types of payments.
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