Examlex
Identify and state the historical significance of the following:
-Adam Smith
Checking Account
A bank account that allows for numerous withdrawals and deposits, often used for day-to-day transactions.
Banking Section
The part of an organization or software that deals with financial transactions and account management with banks.
Receive Payments
It refers to the process of collecting money from customers or clients for goods sold or services rendered.
Pay Sales Taxes
This term refers to the process of remitting taxes collected from customers on sales transactions to the relevant government authority.
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