Examlex
An NSF check returned by the bank should be entered in the depositor's accounting records by a debit to:
Change in Cash
The difference in a company's cash balance over a specified period, indicating the net increase or decrease in cash.
Net Income
The total earnings of a company after all expenses and taxes have been subtracted from total revenue.
Related Party Transaction
Financial transactions between entities that are considered to have a special relationship, such as companies with common ownership.
IFRS
International Financial Reporting Standards, a set of accounting standards developed by the International Accounting Standards Board (IASB) that aim to standardize financial reporting around the world.
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