Examlex
Which of the following statements is not true?
NSF
Stands for "Non-Sufficient Funds," indicating a situation where an account does not have enough money to cover a check or withdrawal.
Balance Sheet
A financial statement that provides a snapshot of a company's financial position at a specific point in time, showing assets, liabilities, and equity.
Adjusted Balance
An accounting figure reached after adjusting the book balance of an account for checks and deposits in transit, fees, or errors.
Balance Per Bank
The amount of money that a company's bank account shows according to the bank's records.
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