Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is bank reconcilation a/c

Answer Posted / prem

Bank reconciliation is matching of bank statement and firm's bank balance.
Ex.-- If bank statement bal. Is 49000/-(dr.)In 31st march and if our check given in 31st march rs. 7000/- to any party so our balance should be 56000/- in our account as on 31st march,because 31st march dated check will be cleared in aprl.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

could i know how to accounting lease intrest ?

2048


Explain a time when you have not met your goal?

1147


How can do it TDS in accounts?

2160


What is dividend warrants?

1197


What and How to compute an unsecured balances?

2302


if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?

3812


When a company s accounting year-ends on a day that is other than the end of the calendar year what is called in accounting?

1080


Tell me about a situation where you showed determination?

1115


What are the disadvantages of double entry system?

1114


how will rectify the error in trial balance.

2012


Do you know marginal cost?

1108


Tell me by saying, perpetual or periodic inventory system; what do we mean?

1228


Explain me what is important to effective market analysis?

1127


how many types of currencies are there in oracle r12

1998


record the following transaction in the various books of accounts F Black loan us $5000 paid by cheque.

3611