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Journal Entry
A record in the accounting journal that represents a single business transaction through the debit and credit of financial accounts.
Bank Service Charge
Fees charged by a bank to a customer for account maintenance and other banking services.
Deposits In Transit
Funds that have been sent to a bank but not yet recorded in the bank's records, typically due to timing differences.
Bank Statement
A document issued by a bank to its customer listing transactions, including deposits, withdrawals, and fees over a specific period, usually monthly.
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