Examlex
Which party to an illegal agreement may get relief from the court?
Prenumbered Voucher
A control mechanism used in accounting to ensure that all transactions are recorded and processed in a sequential manner, mitigating errors and fraud.
Expenditure
Money spent or cost incurred in an organization's efforts to generate revenue, representing the cost of doing business.
Bank Reconciliation
The process of comparing a company's bank account balance as reported by the bank with the company's own records and reconciling any differences.
Deposit in Transit
Funds that have been sent to a bank but not yet recorded on the bank's records, often seen in bank reconciliation statements.
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