Examlex
A dangling modifier is one that has no connection to the subject of the sentence.
Bad Account
An account receivable that has been deemed uncollectible and is written off as a loss.
Pre-Reconciliation Cash Balance
The cash balance reported in accounting records before adjustments are made for reconciling items in a bank reconciliation.
Outstanding Checks
Checks that have been written and recorded in a company's financial ledger but have not yet been cashed or cleared by the bank.
Deposits in Transit
Funds that have been deposited by a company but not yet recorded by the bank, often causing a discrepancy in the bank statement versus the company’s record.
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