Examlex
_______________ is a result of a disjunction between people's aspirations and their ability to achieve their goals.
Journalize
The process of recording financial transactions in a journal, which is the first step in the accounting cycle.
Bank Reconciliation
The process of matching and comparing figures from the accounting records against those shown on a bank statement to ensure they are in agreement and correct.
Adjusted Balance
The account balance after adjustments have been made for interest, payments, and charges.
Bank Statement
A document issued by a bank summarizing an account's transactions, including deposits, withdrawals, and current balance, over a specific period.
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