Examlex
It is necessary to know the budgeted number of unit sales to prepare production budget.
Balance Per Bank
The balance as per bank refers to the amount of money shown in the bank's records as available in an account.
NSF Check
A cheque that has been returned by the bank because the account on which it was drawn did not have sufficient funds, stands for Non-Sufficient Funds.
Bank Errors
Mistakes made by a bank in the processing of transactions, which can include errors in deposits, withdrawals, or charges that affect account balances.
Adjusting Entry
Journal entries made at the end of an accounting period to allocate revenues and expenses to the period in which they actually occurred.
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