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Securely attached adults
Bank Reconciliation
The process of comparing and adjusting a company's recorded balances to match the bank's figures, identifying any discrepancies.
Adjusting Journal Entries
Journal entries made at the end of an accounting period to allocate income and expenditures to the correct period.
NSF Check
A check that is not honored by the bank due to insufficient funds in the account to cover the amount written on the check.
Bank Reconciliation
The method of aligning and scrutinizing numbers from financial records with those presented in a bank statement to verify their consistency.
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