which opening balance should be taken after bank reco.
Answers were Sorted based on User's Feedback
Answer / parvez ali
closing balance if get reco. our book balance afterthat our
opening balance
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Answer / vinod dhanawade
Previous days reconcile closing book balance.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / gyanendra saxena
FOR BANK RECONCILIAION YOU CAN TAKE ANY OF THE BALANCES
EITHER BANK OR BOOKS, THIS IS RECONCILIATION STATMENT
BETWEEN BANK AND BOOKS.
THE MAIN PURPOSE TO FIND OUT THE DIFFRENCE BETWEEN BANK AND
BOOKS. AND FIND OUT THE REASON FOR VARIATION OF BOTH
BALANCES.
| Is This Answer Correct ? | 0 Yes | 1 No |
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