what is bank reconcilietion
Answers were Sorted based on User's Feedback
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 |
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 |
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 (+/-)
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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 |
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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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 |
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 |
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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