Interested to Buy Any Domain ? << Click Here >> for more details...
what is bank reconciliation?what is reconciliation of
account and what type of accounts maintain in colleges?
- 3 Answers
- 6807 Views
- Mphasis, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / barun
bank reconcilation is way to find out outstanding balance
for any A/c is match with the amount you spand these two
value must match at the end of transection.
confused......
ok
example-you have icici bank A/c-you deposit -rs 1000
next day you withdrawl 300
next day deposit 500
again next day withdrwl 1000
at the end of month outstanding balance=total(deposit)-total
(withdrowl)
i.e os balance=(1000+500)-(300+1000)=200
at the end of month bankers cheking the amount with bank
statment it is correct or not with your a/c.
ie is reconcilation.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / raju
BRS means comparing the balance between banks &
companys/offices to know the actual status of financial
condition as well as to know the balance available to the
a/c holder comparing to bank is whether correct or not..
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / rahul dev
BRS means the valuation of Cash balance and pass book.
| Is This Answer Correct ? | 0 Yes | 0 No |
How to treat TDS on salary in book of Accounts?
what is , Purchase & Sales Return?
which date is effected in books related bank reconciliation transaction date or value date?
Mention why some asset accounts have a credit balance?
What mean the word LLP? Please share the definition...?
Difination of Debit & Credit note. Journal entries of Debit & Credit note.
what is addition of Opening Balance and net profit transfered from profit and loss account called
How to pass journal entry for payment of 20 % of outstanding income tax demand of AY 14- 15 of an company in the AY 18-19.
what is the job profile for Account Manager.
Entries to revenues accounts such as service revenues are usually?
what is the role mis
How to calculate ESI pls give with example? and Professional tax give with example brother?
Audit 
