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Given 5 test scores (5, 8, 9, 3, 6) , one can conclude that the:
NSF Check
A check that has been returned by a bank because of insufficient funds in the account to cover the amount written on the check.
Outstanding Checks
Checks that have been issued and recorded by an entity but have not yet been cashed or cleared by the bank.
Petty Cash Fund
A small amount of cash kept on hand for minor or incidental expenses.
Journal Entries
The basic method of recording financial transactions in accounting, which involves making entries to accounts in a double-entry bookkeeping system.
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