Examlex
If you perceive any right angles in the cube depicted, it is because of the perceptual principle called:
Bank Statement
A report sent by a bank to a customer indicating the previous balance, ATM transactions, nonsufficient funds, individual checks processed, individual deposits received, service charges, and ending bank balance.
Outstanding Checks
Checks written by a company or person that were not received or not processed by the bank before the preparation of the bank statement.
Financial Statement
A formal record of the financial activities of a business, person, or other entity, presented in a structured manner to understand financial conditions and operations.
Normal Balance
The side of an account (debit or credit) where increases are recorded, depending on the account type.
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