Examlex
Match the term on the left to its corresponding example or definition on the right.
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Accounts Payable
Short-term liabilities of a business which are owed to suppliers for goods and services purchased on credit.
Voucher
A document or record that verifies a transaction and authorizes the payment or receipt of funds.
Journal
A record where all financial transactions are initially entered in chronological order.
Bank Reconciliation
The process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement.
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