about bank reconciliation

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about bank reconciliation..

Answer / kuldeep pandey

Clossing Balance as per our Books *******

Add: Cheque issued but not presented *******

Cheque credited but not recored our book *******

Less: Cheque deposited to bank but not credited ********

Clossing balance as per bank statement *******

Is This Answer Correct ?    12 Yes 0 No

about bank reconciliation..

Answer / govind

It is reconcilation between the amount of balance as per
Cash book and pass book.

Is This Answer Correct ?    5 Yes 1 No

about bank reconciliation..

Answer / bharathi

BANK RECONCILIATION IS NOTHING BUT MATCHING THE BALANCES
BETWEEN BANK PASS BOOK AND COMPANIES BANK BOOK / OR IN
OTHERWORDS ARRIVING THE DIFFERNCE BETWEEN BANK BOOKS & BANK
PASS BOOK - TO KNOW WHICH CHEQUES ARE YET TO BE PRESENTED
IN THE BANK AND WHICH CHEQUES ARE CLEARED / RETURNED BY THE
BANK

Is This Answer Correct ?    3 Yes 0 No

about bank reconciliation..

Answer / pollitirumaleswarareddy

It is a statement reconciling the balance as shown by bank
passbook and balance as shown by cash book. The main
objective is to know the difference and pass necessary
correcting , adjusting entries in books.

The following are the reasons for difference is

1. Outstanding Checks
2. Deposits in transit
3. Service charges etc.

Is This Answer Correct ?    2 Yes 0 No

about bank reconciliation..

Answer / k jagannath reddy

BRS is a statement of reconcile the balance between cash book and bank book balances.

Is This Answer Correct ?    2 Yes 0 No

about bank reconciliation..

Answer / anamika sheoran

bank reconciliation is camparing and maching our account
recdord and bank statement issued by bank. its anayse the
diffrence between bank statement and our account recdord

Is This Answer Correct ?    1 Yes 0 No

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