Examlex
If a database can share information across many tables or files,what is it called?
Deposit In Transit
Funds that have been received and recorded by a company but not yet reflected in its bank statement, usually due to timing differences.
Bank Reconciliation
The method of aligning the figures in a company's financial records for a cash account with the related data on a bank statement.
NSF Check
A check that cannot be processed because the account it is drawn on does not have enough funds.
Bank Statement Adjustment
Amendments made to the balance as shown by the bank statement to reflect accurate entries for transactions not yet recorded.
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