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ENTERED see JOURNAL ENTRY.

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BANK BALANCE is the amount of money in a bank account on a particular date as recorded by a financial institution on a bank statement.

REVERSE REPURCHASE AGREEMENT (reverse repo) is the opposite of a repo in that it is the purchase of securities (usually government debt) tied to an agreement to sell the security back at a later date at a higher price. Reverse repos are normally short term agreements; primarily on an overnight basis.

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