Examlex
A bank fails when the value of its ________ falls below the value of ________,causing the bank to become insolvent.
Posting
The process of recording financial transactions in the accounting ledger from the journal.
Ledger
A comprehensive collection of a company's financial accounts, providing a record of all financial transactions.
Trial Balance
A report listing all accounts with their respective balances, prepared again to ensure the total debits equal total credits in the accounting records.
Posting Reference Column
Part of accounting ledgers, indicating the journal page from which the transaction was posted.
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