Examlex
How many personal exemptions can the taxpayer claim? What is the amount of the personal exemption for 2017?
Bank Reconciliation
The process of matching and comparing figures from accounting records against those shown on a bank statement.
Balance Per Books
The amount shown in a company's accounting records, as opposed to the actual or adjusted balance that may be shown in a bank statement or other external source.
Company's Balance
Refers to the financial position of a company at a specific point in time, encompassing its assets, liabilities, and equity balances.
Outstanding Checks
These refer to checks that have been written and recorded in the accounting records but have not yet cleared the bank account.
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