Examlex
Which of the following expresses the equation of exchange?
Outstanding Check
A check that has been written and issued but not yet cashed or cleared by the bank.
Service Charge
A charge imposed to cover expenses associated with the main product or service being acquired.
Adjusted Cash Balance
The cash amount shown on a company's books after adjustments have been made for checks written or deposits in transit.
Check Register
A record kept by an account holder of checks written and deposits made into their checking account.
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