Examlex
For a liquid at a given temperature, cavitation occurs anywhere the liquid's pressure drops below its vapor pressure.
Bank Reconciliation
A method to check and resolve any differences between the bank's records and a company's financial records, often involving the reconciliation of a bank statement.
Collection Fee
A charge levied for the service of collecting funds from a debtor or processing payments.
Accrued Interest
Interest that has been earned but not yet received or recorded as income by the end of the accounting period.
Journal Entry
A record in accounting that logs the debit and credit sides of a financial transaction.
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