Examlex
The group most profoundly affected by the great economic changes of the late twentieth century was
Cash Disbursements
The act of paying out cash for various purposes, including expenses, investments, and dividends.
Outstanding Checks
Checks that have been written and recorded in the payer's account but not yet cashed or processed by the recipient.
Adjusting Entries
Entries recorded in the journals at the close of an accounting period to distribute income and expenditures to the period they actually took place.
Bank Reconciliation
Bank reconciliation is the process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement.
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