Which points are include and which point are exclude from Bank Reconciliation

Which points are include and which point are exclude from
Bank Reconciliation (balance as per our book)?

Question Posted / rajesh

1 Answers
3530 Views
I also Faced
E-Mail Answers

Which points are include and which point are exclude from Bank Reconciliation (balance as per our ..

Answer / srinivas sudagoni

Our book is the customers book that is CASH BOOK. When BRS is
preparing as per cash book, the following point to be added
1)Cheques sent for collection but not credited in paas
book/bank book.
2)A customer directly deposited into bank
3) Interest,dividend recorded in pass book only.
The following points to be excluded........
1) Cheques deposited into bank but not collected.
2) Bank charges,insurence premium debited in pass book only.

Is This Answer Correct ?

0 Yes

0 No

Post New Answer

More Accounting AllOther Interview Questions

Expand BFSI

0 Answers

How to make an adjustment entry for the variation of physical asset Vs book value of asset. For example: As per asset register there are 1000 computers where as 950 computers are available in stores. How to make an adjustment entries for the difference of 50 quantities?

0 Answers

what are rate of tds ? what main difference betn tds & tcs

4 Answers

concepts of accounting

5 Answers Genpact,

EXPAND_______________UNL

1 Answers

What is TDS entry for a Firm? as previous years TDS is shown as opening balance in the books of the firm in current year and i don,t want in C.Y as its claimed in the Computation of Previous Years???? So what is the A/C ing entry

0 Answers

Hi, I am preparing for Junior Accounts Officers test- APTRANSCO. Can any one suggest the model paper / Books available? Many Thanks in Advance Lakshmi

3 Answers APTransco,

IF DEALER CAN SOLD A MATERIAL AT WHAT TIME THEY CAN CHARGE THE TCS

1 Answers

Why net profit transfer to liablity side ?

5 Answers

how to give the jv for the following transation eg',Our Comapny Name U2 1.cheque recd from customers of Associate Comapany (U1 Ltd):575 on U2(Our company Name).we deposited that cheque in our bank a/c. 2.U1 debited U2 for 575/- passing 1 jv like Due from U2(Our comapnY) dr 575 To collection from Customers cr 575. now how can I recognise both entries and how can i reconsile my BRS... This Receipt is not belongs to U2

2 Answers

what is Working capital

2 Answers EDS,

Expand M A F F

2 Answers

For more Accounting AllOther Interview Questions Click Here