what is BRS
- 27 Answers
- 86981 Views
- Cap Gemini, Capital IQ, Genpact, LUX, Muthoot Group, I also Faced
- E-Mail Answers
Answer Posted / chandra sekhar
A bank reconciliation statement is a statement where in the
causes responsible for the difference between the cash book
balance and the pass book balance(as per bank balance) is
ascertained and suitable adjustments are made thereon so
that the balance of both the books are reconciled or agreed
with each other.
A bank reconciliation statement can be started either with a
cash book balance or with a pass book balance.
Reasons for difference
1. Deposits made by the third party directly to the bank.
2. Cheque deposited by into the bank but not yet cleared.
3. Interest & charges debited or credited by bank.
4. Cheque issued but not presented for payment by the third
party.
| Is This Answer Correct ? | 244 Yes | 21 No |
Post New Answer View All Answers
Expand----------CMST
what are the payroll procedures?
Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572
what salary you expect???
What is combination?
Examples of automatic generated content material of car logbook loans?
let me know the meaning and Nature of cash
what is the organisation chart for accounting and finance ?
What are events occuring after the balancesheet date?
explain the difference between LIFO and FIFO?
Hi...At present am doing my second year B.Com.I want to do Chartered accountant.Could you send me the details such as when i can start this course,levels of course,proceudre to start( training and prerequirement if any)?And also do let me know is it possible to start from madurai.Note: I wanted to start by regular classes not by distant education. Thanks in avance.
Suresh agreed to adjust Ramesh due amount of Rs 15000- from his credit balance
when calculating for np% do i include interest or do i take it off
types of inventory
Whatis new GL & Odd G.L What is the difference between these two.
