Examlex
Centration is characterized by
Bank Statement
A bank statement is a summary of financial transactions that occurred at a banking institution over a specific period of time.
Cash Account
A ledger that tracks all cash receipts and disbursements.
NSF
Stands for "Non-Sufficient Funds," indicating that a check cannot be processed because the account does not have enough money.
Returned by Bank
Transactions or items that a bank cannot process and are sent back, such as bounced checks due to insufficient funds in the account.
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