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In a well-structured sales department,inside and outside salespeople often:
Adjusted Cash Balance
The cash amount shown on a company's books after adjustments have been made for checks outstanding, deposits in transit, and other discrepancies.
Check Register
A record kept by an individual or institution to track checks written, deposits made, and the current balance of a checking account.
Bank Statement
A document issued by a bank detailing transactions, balances, and other financial information for a specific account over a period.
Outstanding Deposit
A deposit that has been made but not yet recorded or cleared in the account's balance.
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