Business Dealings

Bank Report
A Bank Report is a document generated by a banking institution at the request of an auditor to provide detailed information regarding a business's transactions and interactions with the bank over a specified period.
Scalage
Scalage refers to a percentage deduction granted in business dealings with goods that are likely to shrink, leak, or otherwise vary in the amount or weight originally stated.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.