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The 2-Minute Rule for balanced cash

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Non-authoritative direction included in section 1100.08 with the AICPA Technical Queries and Responses indicates that outstanding checks must be accounted for as a discount of cash. Book overdrafts are created once the sum of excellent checks related to a specific bank account is in excessive of money on deposit (like https://balancedcash17153.madmouseblog.com/9344716/little-known-facts-about-balanced-cash

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