Examlex
The process of examining and reexamining your assumptions over and over is a waste of time
Debit Memo
A document issued by a bank to indicate a deduction from the account holder's balance, often for service fees or adjustments.
General Ledger
A comprehensive archive of all monetary transactions throughout a company's existence, sorted by accounts.
Bank Reconciliation
The process of matching and comparing figures from accounting records against those presented on a bank statement to ensure they align and are accurate.
Bank Reconciliation
The process of matching and comparing figures from the banking statements with the cash account records to ensure accuracy and consistency in financial records.
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