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How did we come to describe Asia as the "middle" and "far" east?
Deposits In Transit
Funds that have been deposited by a company but have not yet been recorded by the bank.
NSF Check
A check that cannot be processed due to insufficient funds in the account it is drawn on, also known as a bounced check.
Petty Cash Fund
A small amount of cash kept on hand for minor, incidental expenses.
Mail and Postage
Expenses associated with sending mail and packages, including the cost of stamps and shipping fees.
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