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How does a cold backup work?
Outstanding Checks
Checks that have been written and recorded in the accounting records but have not yet been cashed or cleared by the bank.
Outstanding Checks
Checks that have been written and recorded in a company's financial records but have not yet been cashed by the recipient.
Balance Per Company's Records
This refers to the amount shown in a company's financial records or accounting books.
Balance Per Books
The ending balance in a company's accounting records for a specific account.
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