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Privacy regulations may prohibit financial institutions from posting or responding to customers' comments through social media sites.
Account Balance
The amount of money present in an account, representing the net of credits and debits at a particular point in time.
Liability
Financial obligations or debts that a company owes to others, which must be settled over time through the transfer of assets, provision of services, or other economic benefits.
Voucher
A document that serves as evidence of a business transaction and authorizes the recording of that transaction in an accounting system.
Debit Memo
A document or entry that records an adjustment or increases in an account, typically indicating a debtor owes more money to the creditor.
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