Examlex
Select the word that is spelled correctly.
Bank Statement Adjustment
Amendments made to the balance as shown by the bank statement to reflect accurate entries for transactions not yet recorded.
Deposit In Transit
Funds that have been deposited by a company but not yet recorded by the bank.
Bank Reconciliation
Aligning an organization's cash account records in its accounting books with the relevant details found in a bank statement.
Bank Statement Adjustment
The process of reconciling differences between the balance shown on a bank statement and the amount shown in a company's financial records.
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