What is Bank Reconcilation statement?
- 4 Answers
- 5713 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / rakesh
Bank reconciliation statement is a statement shwoing all
kind of differences between the bank balance as per pass
book as well cash book.
Actually we maintain cash book and pass book maintained by
the bank for ex:cheque issued but not credited if u take
example like this in the bank pass book the sum is showing
as credited and where as the in our cash book we forgot to
make the entry for thsi purpose of making reconcilation we
need to prepare the bank reconciliation statement.
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / abdullah amer
Bank Reconcilation Statement is the statement prepared at
peridoical intervals to reconcile the balance of cash book
with that of pass book and to find out the exact balance
with the bank.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / ambreen
bank reconciliation statement is the statement which is
prepared to reconcile the balance of bank column of cash
book with bank statement.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / naveen
it is a statement reconciling the balance as shown by the bank pass book and the balance as shown by the Cash Book.
| Is This Answer Correct ? | 0 Yes | 0 No |
what is deferred revenue expenditure
what are accounting principles?
why you would like to work for the our(AIRLINE) Group ???
Using only five 3's (can use any operators)how do you get the value as 51.
From the following data calculate (i) P/V Ratio (ii) Profit when sales are Rs.20,000 and (iii) the new Break-Even Point, if the selling price is reduced by 20% Fixed expenses Rs. 4,000 Break-Even-Pont Rs. 10,000
8 Answers Apollo, MBA, Techno Labs,
what is the Entry for Prepaid expenses? which side it come in balance sheet?
36 Answers Accenture, BNY Mellon, TATA, Wipro,
according to double entry system there are three types of account... so what is the nature of suspense account??
whether securities premium includede in calculation of Net Worth.
those who finished +2 accounts groups please give me +1 and +2 accounts books if any one have please mail me rbharath1978@gmail.com i need it urgent please help me
what is ment by master in tally?
Amounts earned by a business organisations are called _____
what is tds
Audit 
