Examlex
Differentiate.
-f(x) = 2 + 5 + 6
Annual Basis
Annual basis refers to any financial calculation or performance measurement taken over or normalized for a single year.
Outstanding Checks
Checks that have been issued and recorded in the issuing party's records but have not yet been cashed or cleared by the bank.
Deposits in Transit
Deposits in transit are amounts that have been received and recorded by a business but have not yet been reflected in the bank's records.
Bank Reconciliation
The act of reconciling the cash account balances recorded in an organization's bookkeeping with the related data found on a bank statement.
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