Examlex
Vitamin C undergoes several conversions in the body and in its active form functions as a
hormone.
NSF Check
A check that cannot be processed because the account on which it is drawn lacks sufficient funds, standing for "non-sufficient funds."
Bank Reconciliation
The process of comparing and matching the balances of an entity's accounting records with corresponding bank statements to ensure accuracy.
Journal Entry
A record in the accounting ledger that notes every financial transaction of a business, including the accounts affected and the date of the transaction.
Petty Cash Fund
A small amount of cash on hand used for covering minor expenses, typically managed by a designated petty cash custodian.
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