Examlex
Slow waves are
Compensating Balance
A minimum bank account balance that a borrower is required to maintain as a condition for some forms of loans or line of credit.
Petty Cash Fund
A small amount of cash kept on hand to pay for minor, incidental expenses of a business, recorded as a current asset on the balance sheet.
Cash Short
A situation where the actual cash on hand is less than the recorded amount in the accounting records, often resulting in a discrepancy during reconciliation.
Petty Cash Receipts
Documentation of small amounts of cash expenditures from a petty cash fund, used for minor business expenses.
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