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Babies often enjoy playing "peek a boo" with older children and adults. According to Piaget, when you cover your face the baby may not understand that you still exist behind your hands. If this is correct, the child would be described as
Bank Reconciliation
Aligning the cash account figures in a business's financial records with the relevant details found in a bank statement.
Bank Statement Balance
The ending account balance in a bank statement, representing the amount of money available in an account at the end of a statement period.
Outstanding Checks
Checks that have been written and recorded in the payer's financial records but have not yet been cashed or cleared by the bank.
Deposits In Transit
Funds that have been received and recorded by a company, but not yet recorded by its bank, typically at the end of a financial period.
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