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Nigeria's prolonged experience with military rule has resulted in a political culture that is primarily
Bank
A financial institution licensed to receive deposits, offer loans, and provide other financial services, such as currency exchange.
Note Receivable
A financial asset representing a borrower's promise to pay the holder a specific sum of money either on demand or at a future specified date.
Bank Reconciliation
The process of matching and comparing figures from the accounting records against those shown on a bank statement to ensure they are in agreement.
Book Balance
The balance of an account according to the accounting records, before any adjustments or reconciliations have been made.
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