which opening balance should be taken after bank reco.
Answers were Sorted based on User's Feedback
Answer / parvez ali
closing balance if get reco. our book balance afterthat our
opening balance
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / vinod dhanawade
Previous days reconcile closing book balance.
Is This Answer Correct ? | 0 Yes | 1 No |
Answer / gyanendra saxena
FOR BANK RECONCILIAION YOU CAN TAKE ANY OF THE BALANCES
EITHER BANK OR BOOKS, THIS IS RECONCILIATION STATMENT
BETWEEN BANK AND BOOKS.
THE MAIN PURPOSE TO FIND OUT THE DIFFRENCE BETWEEN BANK AND
BOOKS. AND FIND OUT THE REASON FOR VARIATION OF BOTH
BALANCES.
Is This Answer Correct ? | 0 Yes | 1 No |
The following figures relate to the trading activities of M/s ABC Traders Ltd for the year ending 31 March 2004. Particulars Amount (Rs) Sales 5,20,000 Opening stock 76,250 Purchases 3,22,250 Closing stock 98,500 Sales return 20,000 Selling and Distribution Expenses Salaries 15,300 Advertising 4,700 Travelling 2,000 Administrative Expenses Salaries 27,000 Rent 2,700 Stationery 2,500 Depreciation 9,300 Other charges 16,500 Provision for tax 4,000 Non Operating Income Dividend on shares 9,000 Profit on sales of shares 3,000 Non Operating Expenses Loss on sale of fixed asset 4,000 You are required to: (i) Arrange the above figures in a form suitable for analysis. (ii) Show separately the following ratios. Net profit ratio Operating ratio Stock turnover ratio
what is the difference between shares and debentures
What are the objects of cost accountancy?
what is the journal entry for bank reconciliation.
What is capital?
how to make dd payment entry of insurance of rs 34755 dd made by cash
IS IT NECESSARY TO TRANSFER DATA FROM WTALLY9 TO EXCEL AND VISE VERSA?
IF ONE SUB CONTRACTOR GIVE US BILL OF RS.120000 FOR APRIL,RS.110000 FOR MAY & RS.180000 FOR JUNE WITH LABOUR CHARGES INCLUDING VAT @12.5%.HOW MUCH AMOUNT SHOULD WE DEDUCTED AS A WCT TAX?
Tell me what does the investment of personal assets by the owner will do?
In manufacturing co at what time entry tax shall be applicable
how to deduct tds on income from other sources with examples
what is fictitious asset