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Microeconomics is concerned with issues such as
Checking Account Balance
The amount of money currently available for withdrawal in a person's or entity's checking account.
Outstanding Checks
Checks that have been written and recorded in the paying entity's check register but have not yet been cashed or cleared by the bank.
Deposits In Transit
Funds that have been received and recorded by a business but not yet by its bank, typically relating to bank reconciliation processes.
Purchase Order
A formal document sent from a buyer to a seller to initiate the purchase of products or services with specified terms.
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