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Microsoft is a dominant producer of operating system software for personal computers because
Deposits In Transit
Funds that have been deposited by a company but not yet recorded by the bank, leading to discrepancies in account balances.
Bank Debit Memo
A notice from a bank that decreases a customer's account balance due to charges like fees for service or for issuing a check without sufficient funds.
NSF Check
A check that has not been honored by the bank due to insufficient funds in the account of the issuer.
Journal Entries
A method used to enter an accounting transaction into the general journal, documenting the debit and credit effects on specific accounts.
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