What do you mean by Bank Reconciliation Statement(BRS)?
- 12 Answers
- 33007 Views
- Syntel, I also Faced
- E-Mail Answers
Answer Posted / md. sirajul islam
Bank reconciliation is the process of matching and comparing figures from accounting records against those presented in a bank statement.
or
Bank reconciliation is the bank adjustment statement to identify the reasons of in-consistence between bank statement and bank book.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
Explain me your track record in previous jobs, specifically speaking to any mistakes you may have made. There is little room for error in accounting?
what is the responsiblities for accounts manager?
Explain what is gaap?
hi...this is chaitanya fresh bcom computer graduate i need job in finance feild will i get in genpact, deloitte, bank of america, or any other mnc...?
What are the accounting entries for branch accounts?
rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
My company was granted a bank facility of 750,000 for guarantee, performance bond, advance payment, retention guarantee and 100,000 bank overdraft. These facility amount was never added to the company account. a. What is the entry? b. Lien over fixed deposit for 50,000 to be brought upfront c. Lien over gradual buildup for fixed deposit 50,000 by transferring 10,000 monthly from customer's account to separate call account. d. After a month, we had an overdraft of 22,000. What will be my entry? e. After 3 months, we have a construction project and was asked for advance payment of 24,000 with a 25% margin? f. Another company asked for performance bond of 44,200 with 25% margin.
Do you know executive accounting?
credit card expenses entry kisme pass karenge
explain me what steps would you take to increase revenue for this company?
what is the deference between depreciation explanation
What is the meaning of scrap value in accounting?
How will I post entries to Tally If I purchased a Car in Loan. The principal Amount = 62930 Interest = 6846 Total = 69776 We have to pay Rs 1191 every month for 4 years which include Principle amount and interest. how can I post the monthly entries to tally
a cheque is received from a debtor and is deposited in the bank on the same day. what will be the journal entry?
Tell me in accounting, vat abbreviates what?
