what do you mean by Bank reconcilation statement
Answer Posted / sachin
Bank reconcilation statement:;;some time a company bank
book or cash book dosnt match" because ""
(1)when we issue a cheque at the time we debit in our books
but cheque takes some time (days) in clearing ..so it is
not debit in bank book.
(2)some time banks debit some bank charge which is not
bedit in our accounts.
(3) cheque deposit in to bank but not clear (but at the
time we credit it in our books...
so for tally the acccount we have to make a
statement called Bank reconcilation statement..
Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
why funds management doc is generated during migo and miro
what are the differences between Tally and Focus?
Expand MNS
What goals do you have in your career
send me accounting test ppaers
what is book profit
Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry
What is the process of VAT & CST Registration?
Whats the Balnace of Closing stock so if we issued the materil then the Closing stick will be dr and in case we pirchsed the materil the closing stock will be cr so tell me that i m correct or not
Expand--------AA
Tell me about how you have left a position better than you found it
business sepsarate entity concepts
Reserve Capital and Reserve Capital
how to check which item is sold by the sundry debtors in tally?
a) What are the Golden Rules of Accounting? What are the 14 Principles of Accounting