Interested to Buy Any Domain ? << Click Here >> for more details...
what is reconsilation@
- 5 Answers
- 10272 Views
- ADP, Infosys, Xchanging, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / raman kumar
Bank Reconsilation statement is the statement in which we
have to reconcile the two balance's balance as per cash
book and balance as per bank pass book.The purpose of
preparing such a statement is to find out the cause of
difference betbeen two balance's and pass correcting and
adjusting entrie's in the books of firm.
| Is This Answer Correct ? | 10 Yes | 2 No |
Answer / murali royal
Finding the reasons between cash book and poss book is called
as reconsiliaton as per BRS. Bank reconsiliation statement.
| Is This Answer Correct ? | 6 Yes | 2 No |
Answer / swarna kumari
reconciling the balance as shown by the bank passbook and balance as shown by the cashbook.Purpose of BRS is to know the difference and make adjustment entries.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / syed nazare mehdi
reconciliation is nothing but it is the difference between
two balances which are cash book and pass book .this
transaction mainly done between bank and customer .the main
purpose to create brs is to make both cash and pass book
balances are equal.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / supriya chavan
BRS is Bank Reconciliation Statement prepared to find out difference between bank book in company's accounting software and bank pass book because of delay cheque clearance by banks and to match the balances of bank book and pass book at month end.
| Is This Answer Correct ? | 0 Yes | 0 No |
what is mba tell me the more benefits in mba
Expand ________EDT
42. G.Simkins sends back stock to J.J. Fabrics (a supplier), having originally purchased it on Credit. J.J. fabrics issued a Credit note for the value of these goods. In simkins’ books, the double entry for this transaction should be. a) Debit : J.J. Fabrics; Credit purchases b) Debit : purchases; credit J.J. Fabrics c) Debit : J.J. Fabrics; credit purchase returns d) Debit: purchases returns; credit J.J Fabrics.
kamal became insolvent.a first and final payment of 60 pasie in a rupee was recived from his official recived.he owner me a debit of amount is RS 500 give the journal entries for this
fiscal year variant Vs posting period variant
What are the names of the codes which are needed for RTGS ? Payment and wire transfer respectively ?
EXPAND___________LTC
Expand------AAIFR
Please suggest the manual records needed to be maintained at NGO/CBO to record the transactions of accounts & inventory. Please also mention the need & purpose of each records/books
1. How do we calculate the Closing Stock ? 2. How many types methods are used for calculating closing stock ?
In activity based costing, costs are accumulated by A. Cost objects; B. Cost benefit analysis; C. Cost pool; D. None of the above.
Plz Tell Me the WHole knowlege Of Accounts,Wht Accounts Wht all taxes pzz Plz
Audit 
