Examlex
Which of the following provinces/territories has the highest annual family income (according to the 2012 Census) ?
Outstanding Checks
Checks that have been written and recorded in a company's books but have not yet been cleared or cashed by the bank.
Deposit In Transit
Refers to money that has been received and recorded by a business but has not yet been recorded by the bank.
Notes Receivable
Claims against others for money, goods, or services evidenced by promissory notes that are to be paid within a certain period of time.
Bank Reconciliation
is a process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement.
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