Examlex
An air core transformer would most likely be used for:
Nonsufficient Funds Checks
Nonsufficient funds checks are checks that cannot be processed because the check writer's account does not have enough money to cover the amount.
Bank Reconciliation
The process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement.
Outstanding Checks
Checks that have been written and recorded in the payer's accounting system but have not yet been cleared or cashed by the recipient.
Bank Statement
A summary of financial transactions that have occurred over a given period on a bank account held by a person or business with a financial institution.
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