Examlex
Entries required to clear or zero the balances of temporary accounts at the end of the year are called ____________ entries.
Midnight Deadline
A cutoff point often used in law and finance, indicating that transactions or actions must be completed by 11:59 PM to be considered valid for that day.
First Bank
Historically, could refer to an initial or pioneering banking institution in a region or country, often established to foster economic growth.
Business Days
Days of the week excluding weekends and public holidays during which official business activities are conducted.
Check 21 Act
A federal law that allows banks to handle more checks electronically, which speeds up the check clearing process.
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