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A theory with particular relevance to occupational and physical therapy is:
Petty Cash Fund
A small amount of cash kept on hand for minor or incidental expenses within a business.
Journal Entry
A record in accounting that represents a transaction and its effects on various accounts, typically involving at least one debit and one credit.
Cash Short and Over
An account that tracks discrepancies between the expected cash amounts and the actual cash counted, indicating shortages or overages.
Bank Account Reconciling
The process of comparing and matching figures from the accounting records against those presented on a bank statement to ensure they are in agreement and accurate.
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