Examlex
Augmented reality:
Balance
Balance refers to the amount of money in a financial account, or the equality between the sum of debits and credits in an account.
Account
A record or statement of financial expenditure and receipts relating to a particular period or purpose or the contractual arrangement under which an entity manages the funds of another.
Collection Float
The delay between when a check is deposited into a bank account and when the funds are available to the depositor, affecting cash flow.
Cheques
Cheques are financial instruments that order a bank to pay a specific amount of money from a person’s account to the person in whose name the cheque has been issued.
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