Examlex
Each of the following has been a method by which the federal courts have expanded their power except
NSF Check
A check that cannot be processed due to insufficient funds in the account it's drawn against, resulting in a non-sufficient funds status.
Debit Memo
A document issued by a buyer to a seller indicating a debit made in the seller's account, often due to returns, allowances, or discrepancies in billing.
Bank Reconciliation
Bank reconciliation is the process of matching and comparing the balances in an entity’s accounting records for a cash account to the corresponding information on a bank statement.
Deposits In Transit
Refers to cash and checks that have been received and recorded by an entity but have not yet been deposited in the bank account.
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