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Bank Service Charges
Fees charged by banks for the use of their services, such as account maintenance fees, transaction fees, and overdraft charges.
Bank Reconciliation
The process of matching and comparing figures from accounting records against those shown on a bank statement to ensure accuracy and consistency.
NSF Check
A check that cannot be processed due to insufficient funds in the account it's drawn against, resulting in a non-sufficient funds status.
Debit Memo
A document issued by a buyer to a seller indicating a debit made in the seller's account, often due to returns, allowances, or discrepancies in billing.
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