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The Solomon four-group design has
Bank Statement
A document issued by a bank detailing all transactions in a customer's account over a specified period.
Check Register
A record maintained by account holders to track their checks, deposits, and current balance.
Writing Checks
The act of completing a check by specifying the date, payee, and amount, and signing it, to instruct a bank to transfer funds.
Adjusted Cash Balance
The cash balance reported in a company's financial statement, modified for factors like outstanding checks or deposits in transit.
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