what is bank reconsilation statement?and hw it will be
calculating
Answers were Sorted based on User's Feedback
Answer / shivaputra patil
Bank Reconcilation means it can help to detect the mistakes
eaither it happend cash book or pass book, and it's easy to
find out any fraud
| Is This Answer Correct ? | 11 Yes | 0 No |
Answer / lalitha
Bank reconsilation statement is a statement which is given
by the bank, Normally a company gets its statement to check
with his books of accounts if any dispute the accountant
contact with the bank for what reason the particular amount
debited or credit and correct his books of accounts
It wil be calculating based on the debit of Bank statement
should be checked with the credit of the company statement
and credit of the company statement should be checked with
the debit of the bank statement
| Is This Answer Correct ? | 4 Yes | 0 No |
Tell me what is reversing journal entries?
Accounting basic rules with example relevant to day to day business
what are the types of option contract?
what is depreciation?
if rs 200 has to be charged in one A/c but had been wrongly charged in another A/c.what entry will be pass to correct the entry
What is Ariba? How it is working?
In which book we can learn in detail of closing stock valuation. And if any site is available kindly help.
what is the difference b/w provision for baddebts,reserve for baddebts? pls explain me with example
What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?
Mention whether the account "cash" will be credited or debited when a company pays a bill?
what is contra entry . plz explain with example.
Is the Bills payable is personal account ?
2 Answers Income Tax, Josts Engineering Company,