Examlex
MSDA expenses as a percentage of sales is an effective way to measure customer profitability.
Debit Memo
A document or entry that records an adjustment or increases in an account, typically indicating a debtor owes more money to the creditor.
Bank Service Charges
Fees charged by banks for various account and transaction services provided to customers.
Bank Reconciliation
The process of matching and comparing figures from accounting records against those shown on a bank statement to ensure accuracy and consistency.
Journal Entries
The record of all financial transactions in the double-entry bookkeeping system of a company, each entry consisting of a debit and credit.
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