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Data cannot flow over multiple networks that have different topologies.
Outstanding Checks
Checks that have been written and recorded in the issuing company’s ledger but have not yet been cashed or cleared by the bank.
Journal Entry
A record of a financial transaction in accounting, detailing the accounts affected and the amounts.
Bank Service Charge
Fees charged by a bank to cover services provided to the account holder.
Ledger
A comprehensive collection of a company's financial transactions, recorded in a structured and systematic manner.
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