Examlex
The contingency approach considers behaviour objectively.
Bank Reconciliation
Bank reconciliation is the process of matching the balances in an entity's accounting records for a cash account to the corresponding information on a bank statement.
NSF Check
A check that is not honored by a bank due to insufficient funds in the account of the person who wrote it; also known as a bounced check.
Bank Service Charge
Fees charged by banks for various services such as account maintenance, transactions, or overdrafts.
Deposits In Transit
Funds that have been received and recorded by a business but not yet recorded by the bank.
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