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what is bank reconcilietion

Answers were Sorted based on User's Feedback



what is bank reconcilietion ..

Answer / srinivas k

Bank reconciliation is the process to compare accounting
records to the bank's records with their account balance in
order to uncover any possible discrepancies

Is This Answer Correct ?    1 Yes 0 No

what is bank reconcilietion ..

Answer / bindu

Bank reconciliation is a process of comparing or matching
figures from the accounting records against those shown on
a bank statement.

Is This Answer Correct ?    1 Yes 0 No

what is bank reconcilietion ..

Answer / mangesh

Bank reconcilation statement means journy from one book
(starting book) to another book (end book ) which giveing
effects Variation by plus or minus (+/-)

Is This Answer Correct ?    1 Yes 1 No

what is bank reconcilietion ..

Answer / ratheesh

Any difference in the bank balance as per cash book & Bank
balance as per pass book is called bank Reconcilation

Is This Answer Correct ?    1 Yes 1 No

what is bank reconcilietion ..

Answer / anjali

Bank reconcilietion is a statement which is ment to prepare
to know the differences of amount that was being between
the cash book and bank balance that we are using during the
month etc....

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what is bank reconcilietion ..

Answer / nilesh wadekar

Bank reconciliation is the process of comparing and matching
figures from the accounting records against those shown on a
bank statement.

Is This Answer Correct ?    0 Yes 0 No

what is bank reconcilietion ..

Answer / anuj kumar

It is basically represents the reasons of not reconciled
the bank balance as per bank statements & bank balance as
per our system.

Is This Answer Correct ?    2 Yes 3 No

what is bank reconcilietion ..

Answer / raja mohamed

Bank Reconcilation statement is the all banking transaction
maintained the statement taht is calloes to bank
reconsilation statement.

Is This Answer Correct ?    0 Yes 1 No

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