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5 Cards in this Set

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  • Back
Canceled Checks
Checks that have been paid by the bank on which they were drawn
Outstanding Checks
Checks that have not been deducted from the bank-statement balance
Clearing
Returning a check to the drawer's bank to be paid and charged to his or her checking account
Bank Reconciliation
A statement showing how the checkbook balance and the bank statement were brought into agreement
Bank Statement
A report sent by the bank to a depositor showing the status of his or her account