Examlex
Which is NOT an example of an organ?
Deposits In Transit
Deposits made by a company but not yet recorded by its bank, typically due to timing differences.
Bank Reconciliation
The process of matching and comparing figures from the accounting records against those presented on a bank statement to ensure consistency.
Adjusted Balance
The ending balance of an account after adjustments have been made for transactions, charges, or credits.
Bank Reconciliation
The process of matching and comparing figures from accounting records against those presented on a bank statement to ensure accuracy and consistency.
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