Examlex
Indicate how each of the following items would be shown on a bank reconciliation.
1. Bank error (The bank charged our account with another company's check)
2. Check printing charge
3. Deposits in transit
4. Note collected by the bank
5. NSF checks
6. Outstanding checks
Actual Reserves
The total amount of funds that a bank has on deposit at the Federal Reserve, plus any cash physically held by the bank.
Reserve Requirement
A regulation set by central banks requiring commercial banks to hold a certain proportion of their deposits as reserves.
Government Bonds
Debt securities issued by a government to finance its expenditures, often considered a safe investment.
Market Rate
The prevailing interest rate available in the marketplace for loans or savings, often influenced by the central bank's policies, supply and demand, and other economic factors.
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