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Groundwater mining is accomplished by
Deposit in Transit
Funds that have been sent to a bank but not yet recorded on the bank's records, often seen in bank reconciliation statements.
Outstanding Checks
Checks that have been written and recorded in a company's financial statements but have not yet been cashed or cleared by the bank.
Buyer
An individual or entity that purchases goods or services from another party, exchanging money for the ownership or use of the product or service.
Party to a Check
Individuals or entities involved in the transaction of a check, including the drawer, payee, and sometimes an endorser.
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