Examlex
Select the most clear and concise sentence.
Accounting Process
A systematic method of recording, analyzing, and summarizing financial transactions of a business.
Bookkeeping
The systematic recording of business transactions.
Business Transactions
Acts of trading or dealing involving the exchange of goods, services, or financial assets between two or more parties.
MICR Recording Area
A section on checks encoded with magnetic ink character recognition technology to facilitate the electronic processing of bank checks.
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