Examlex
In the accompanying image, the selected field has been assigned which Data Type?
Cash Account Balance
Cash account balance represents the amount of cash or cash equivalents a company or individual holds in their account at any given time.
Outstanding Checks
Checks that have been written and recorded in a company's books, but not yet cleared or deducted from the bank account balance.
Deposits In Transit
Funds that have been received and recorded by a business but not yet credited by its bank, affecting the reconciliation of bank statements.
Cash Receipts
Money received by a business during a given period, from activities such as sales, services, loans, or equity infusions.
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