Examlex
Match the disorder with the best description.
-GERD
Bank Reconciliation
The process of comparing a company's recorded transactions in its ledger to its bank statement, ensuring consistency and accuracy in financial records.
Adjusted Cash Balance
The cash amount reported in financial statements, modified for checks written or deposits in transit that have not yet cleared.
Bank
A financial institution that accepts deposits, offers loans, and provides other financial services.
Adjusted Cash Balance
The amount of cash a company has after taking into account adjustments for checks outstanding, deposits in transit, and other factors.
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