Examlex
The box, Playing the Name Game explains
Petty Cash Funds
A small amount of cash on hand used for paying minor expenses like office supplies or courier fees.
Minor Business Expenses
Smaller or less significant costs incurred in the operation of a business.
Bank Reconciliation
The process of matching and adjusting the balance of an account in an entity's ledger to the corresponding bank statement, identifying discrepancies.
Deposits In Transit
Deposits made and recorded by a company but not yet reflected on the bank statement.
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