Examlex
Match each definition to the corresponding term.
-Playscape
Bank Memos
Notices from a bank that make adjustments to a company's bank account balance, often for fees, interest payments, or corrections.
Bank Reconciliation
The analysis that details the items responsible for the difference between the cash balance reported on the bank statement and the balance of the cash account in the ledger.
Company's Accounts
Records that contain the financial transactions, assets, liabilities, and equity of a company.
Deposits in Transit
Cash and checks that have been received and recorded by a business but not yet reflected in the bank's records.
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