Bank reconciliation statement

Answers were Sorted based on User's Feedback



Bank reconciliation statement..

Answer / guest

It is a statement reconciling the balance as shown by
the bank passbook and the balance as shown by the cash book.
main Objective of brs to know the
difference and pass necessary correcting, adjusting entries in
the books.

Is This Answer Correct ?    14 Yes 0 No

Bank reconciliation statement..

Answer / madhulika

A FORM THAT ALLOWS INDIVIDUALS TO COMPARE THEIR PERSONAL BANK ACCOUNT RECORDS TO THE BANKS RECORDS OF THE INDIVIDUALS ACCOUNT BALANCE IN ORDER TO UNCOVER ANY POSSIBLE DISCREPANCIES.

Is This Answer Correct ?    5 Yes 0 No

Post New Answer

More Accounting General Interview Questions

What are the activities that are included in the cash flow statement?

0 Answers  


How to create a liability for Service Tax in SAP

0 Answers  


We can Show Director Exp. in Limited Compay,

1 Answers   ABC, Texmo,


say something about your school

0 Answers   Cognizant,


what is the sensex

1 Answers  






WHAT IS MEANING OF PROVISION

4 Answers  


Hi Everybody, 1). Can anybody tell me the Journal entry for Bank charges Rs.100 and under which account it will come. 2). Received interest from Bank what is the journal entry, under which account it will come, Awaiting for soonest reply, Thanks, Khan

12 Answers  


how to calculate AMC charges for the financial year

1 Answers  


what is the difference between method of costing and technique of costing

2 Answers  


A company closing its acconts in december..its paying 10000/-as rent......in the month of august it paid 4 months rent as advance...how will u account this

6 Answers   IBM,


what journal entry pass in case of vat refundable and in case of vat payable?

2 Answers  


Accounting for vc money in financials

0 Answers  


Categories