Unrecorded Transactions

Unrecorded transactions is an accounting term referring to the fact that an economic transaction for a particular ledger has yet to be recorded in that ledger. This is very common with the cash account for several different types of activities. Good examples include the use of a debit card in a purchase which is recorded at the bank but has yet to be recorded in the respective expense and then the credit to the cash account in the business books.

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