what is bank reconciliation statement
Answers were Sorted based on User's Feedback
Answer / sandeep kumar
Bank reconsilation statement shows the difference between
the cash book n passbook.
Pass book is written by the bank.
If we want to know clear i.e. If cash book increases, pass
book decreases n vice-versa.
Is This Answer Correct ? | 0 Yes | 0 No |
The statement in which bank reconcilation is done is called
bank reconcilation statement.
BRS is a statement which gives the complete and
stastfactory information for the difference between
passbook balance and bankbook balance.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / shyam
Bank Reconciliation is a statement with causes to show the
actual difference between bank book and pass book on a
particular date. Date may be as per requirement.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / gowtham
Bank Reconsilation statement is the shown difference between cash book and pass book
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / venkatesh
Bank Reconciliation statement is a statement. The Cash Book
values reconciling to Bank Statement with suitable adjustments.
Is This Answer Correct ? | 2 Yes | 4 No |
Answer / mohammed aslam
at the end of the year we need to prepare final account to
rectifiy the errors.
Is This Answer Correct ? | 0 Yes | 2 No |
Stale Cheque entry in the books & when it reissued again then Entry in the books.
Expand ------APMC
In SAP FICO How many ways we are Procuring the assets in the Company?
What is Going Concern, What is Dual Entry , What is Business entity and what are the names of Stock exchanges and currency of some countries, stock market related questions, Exchange rates, Banks and other informations
Expand---------GMT
what is the accounting conventions
This is a managerial finance question on capital structure - My capital expenditure is 40mil, and my forecast retained earnings are 15mil, my targeted capital structure is a debt ration of 40%. What is the amount of dividends and new common stock that the company will issue.
If a software is being purchased which can be used at its own for the purpose of implementation of computerisation of various customer accounting system. then what will be the treatment for the same in accounts ??? whether it will be considered as intangible assets or inventory?
Realisation account vs revaluation account
what is unique in you i.e, why should i prefer you than
how we can amortize the preliminary expenses calculation
If net profit is a profit why does it appear on the liability side of the balance sheet