What is bank reconcilation a/c
- 4 Answers
- 7094 Views
- Accenture, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / suma
In each and every Business Organization every day they give
cheque to vendors & Cheques receive from Customers.... so
every day they issuing cheques and deposit cheques
Any organization will do Bank Reconcilation a/c. on monthly
basis.
eg: company have current A/c. in ICICI Bank suppose for the
month of Apr'08 in their Bank statement they have Cr. 20000
Blance. But as per books of a/c. Showing 10000 Dr. Balance ...
becasue of company issued Rs. 10000/- cheque to Mr. Subbarao
on 29.04.2008 . cheque was not presented for payment in
Bank. so out company books ICICI Bank A/c. Showing Dr. Rs.
10000/- , as per ICICI Bank Statement Showing Cr. Rs. 20000/-
This is called Bank Reconcilation... every month how amy
cheques issued for payment & how many Cheques not presented
for payment and how many ch. deposited & how many ch. are
not cleared .... dis analasys is called Bank Reconcilation (
BRS)... have a greate day - SUMA
| Is This Answer Correct ? | 9 Yes | 2 No |
Answer / kamalasan
BRS is a statement which is prepared to identify the reason
for disagreement of cash book and pass book,
BRS is even prepared to when both the
balance of cash book and pass book are equal and opposite.
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / shobha
BANK RECONSILATION STATEMENT PREPARED TO RECONCILE THE
PASSBOOK&CASHBOOK
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sagar
Tally the both a/c books (cash book & bank book)for check the
balance is correct.
| Is This Answer Correct ? | 0 Yes | 0 No |
why do u think u can be selected in the job?
Expand---------RBTS
WHAT IS MAT? PL. DON'T GIVE BRIEF NOTE.
Queries for Big4 Articleship : Article Vacancies application starts when?
3 Answers Deloitte, Ernst Young, KPMG, PWC,
How does the rendering of services on account affect the accounting equation? a. Liabilities increase; stockholder’s equity decreasesb. Assets increase; liabilities increase c. Assets decrease; stockholder’s equity increases d. Assets increase; stockholder’s equity increases
if 9+3=722,5+7=536,8+6=845,4+4=613,then what is 7+2=???
what is direct tax or inderect tax? all uses form with fill up full?
diff b/w debenture and bond?
4 Answers American Express, Bank Of America, Syntel,
expand EBITDA
treatment of P&L A/c 's balance in trial balance and balancesheet
HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)
What is pre-paid amount? What is post-paid amount? Explain received in advance? Explain paid in advance?
Audit 
