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While walking in the forest,you come across a plant with a flower that has three petals and leaves with parallel veins.You would classify this plant as a
Certificates of Deposit
A savings certificate with a fixed maturity date and specified fixed interest rate, held at a bank or financial institution.
Bank Reconciliation
The process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement.
Bank Balance
Bank balance refers to the total amount of money available in a bank account at a specific point in time, as recorded by the financial institution.
Book Balance
The balance in a financial account according to a company's accounting records, not necessarily reflective of available funds.
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