what do you mean by bank reconocilition statement

Answer Posted / rabindra nayak

Some time bank statement & bank Ledger will not tally
so we tally between two account by Bank reconcile method

Is This Answer Correct ?    6 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How do you build a successful business relationship?

645


how will you adjust voluntary seperation payment in cash flow statement

1627


Differentiate between provision and reserve?

655


What are the characteristic features of financial accounting?

627


Tell me what is the difference between accumulated depreciation and depreciation expense?

623






Please guide in details about Payroll in Tally.erp9??

1796


What is balance sheet and off balance sheet?

617


Productive Investment is Working Capital. Is it correct?

1254


When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?

1479


how to enter the tender refund amount in tally ?

3373


"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...

1387


Explain me what makes a successful account manager?

621


Explain what does financial statement of the company includes?

606


Why Company maintain's books of account?

1361


How to pass journal entry of gifts purchased for employee by using campany ATM card

905