1.
The process of comparing a company’s cash records with the bank statement to ensure they match
2.
Money that customers owe to a business for goods or services already provided
3.
A system designed to protect company assets and ensure accurate financial records
4.
When the amount of cash counted is greater than what the records show
5.
When the amount of cash counted is less than what the records show
6.
A document given to record money received from a customer
7.
A report that lists outstanding customer accounts and how long they have been unpaid
8.
The bank document that shows deposits, withdrawals, and balances for an account
9.
Money taken out of a bank account
10.
Money given by a customer to reduce the amount they owe
11.
Money added into a bank account
12.
An account that is unlikely to be collected and must be removed from the records
13.
Money in the form of coins, bills, or balances available in a bank account
14.
A financial institution where businesses keep their money
15.
A document sent to a customer requesting payment for goods or services
16.
A book or digital record where financial transactions are recorded
17.
A written order directing a bank to pay a specific amount of money
18.
A person or business that purchases goods or services
19.
A record that tracks financial transactions related to a specific item or person
20.
The amount of money remaining in an account after transactions
