Examlex
What are the steps involved in the process of consolidation when an entity controls one or more other entities?
Deposit In Transit
Funds that have been sent to a bank but have not yet been recorded in the bank's records or the depositor's account balance.
Outstanding Checks
Checks that have been written and recorded in the issuing company's books but not yet cashed by the recipient.
NSF Checks
Non-Sufficient Funds (NSF) checks are checks that cannot be processed due to insufficient funds in the account on which they are drawn.
Bank Service Charge
Fees charged by banks for various services provided to customers, such as account maintenance or transaction processing.
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