Examlex
Net income is a component of comprehensive income.
Collection Float
The time delay between when a check is deposited and when the funds become available in the account.
Cheques
Written, dated, and signed instruments that direct a bank to pay a specific sum of money to the bearer or the person named on it.
Lockbox System
A lockbox system is a service offered by banks to companies for the receipt of payment from customers, under which the payments are directed to a special post office box rather than to the company.
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