Name the Three Social Levels of a State Society

question 27

Essay

Name the three social levels of a state society.

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Definitions:

Outstanding Checks

Checks issued by a company awaiting cashing or clearance by the bank.

Adjusted Cash Balance

The cash amount shown in a company's books after adjustments have been made for checks outstanding, deposits in transit, and other factors.

Bank Service Charge

Fees charged by banks for the various services and account maintenance provided to customers.

Outstanding Checks

Checks that have been written and recorded in the check issuer's accounting records but have not been cashed or cleared by the bank.