what is Reconciliation-NOSTRO,VOSTRO?
Answers were Sorted based on User's Feedback
Answer / tarun
Nastro is our acnt n vastro is their acnt n reconciliation is done with mirror n nastro acnt held by us:
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sri
prasanna, if you want to know about the nostro & vostro
account follow the link given below.
http://en.wikipedia.org/wiki/Nostro_and_Vostro_Account
One Bank's statement describe about all credit & debit
transactions maa.
I think you are not understand the term "RECONCILIATION"
You are not included the important points.
| Is This Answer Correct ? | 19 Yes | 22 No |
Answer / sri
please use the correct spelling for your answers before
posting it. here Prasanna had entered same answer with
blunder mistake on spelling; prasanna used the
spelling "check book" instead of using proper spelling
of "Cheque Book".
| Is This Answer Correct ? | 12 Yes | 37 No |
What is the Voucher entry (In Tally) if the Office Expenses of Company A is being made by Company B on behalf of Company A?
What would happen to a company’s stock if it announced a large loss due to a write down on goodwill?
Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
Short Answer on ___________Journal
What is the Difference between Proviso & Provision
what is buy back of share & why a company go for it?
What is the meaning of Contingent Liability? Where is it shown in the Balance Sheet?
who introduces the single entry format?
Hi friends, can you please send me GENPACT's Accounts Test Questions. Thanks in advance.
what is sundry ?
how can i solve accounting problems easily ????tell me the basics
EXPAND______________RFID