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In the imitation stage, the child
Deposits In Transit
Funds that have been sent to a bank but not yet recorded by the bank in the company’s account balance.
Outstanding Checks
Checks that have been written and recorded in a company's accounting system but have not yet been cashed or cleared by the bank.
Credit Memo
A document issued by a seller to a buyer, reducing the amount that the buyer owes to the seller under previous invoices.
Sarbanes Oxley
A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures, influenced by financial scandals.
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