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Sheryl is able to rehearse her lines in the school play while riding her bicycle to school in the morning. Both of these tasks require processing, but in the case of learning her lines, the processing is
Bank Reconciliation
The process of comparing and aligning a company’s financial records with those shown in its bank statement to ensure accuracy and completeness.
Bank Service Charges
Fees charged by banks for accounts and various banking services, such as monthly maintenance or transaction fees.
NSF Checks
Checks that cannot be processed due to insufficient funds in the account on which they are drawn.
Petty Cash Fund
A minor sum of money maintained in reserve for completing instant transactions for various minor costs.
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