Examlex
Match each term with the correct statement below.
-Type of meeting held to provide updated information about something that is ongoing.
Cash Balance
The amount of cash on hand or in bank accounts, typically shown on a company's balance sheet, representing liquid assets available for use.
Deposits
Funds placed into a bank account or a financial institution for safekeeping, which can include both cash and non-cash items.
Checks
Written, dated, and signed instruments that direct a bank to pay a specific amount of money to the bearer or a designated party.
Reconciled Cash Balance
The process of verifying and adjusting the balance of cash recorded in a company's books with the balance reported by the bank, ensuring accuracy.
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