What do you mean by Bank Reconciliation Statement(BRS)?
Answer Posted / provat
BRS is adjustment between bank book & pass book.
| Is This Answer Correct ? | 14 Yes | 5 No |
Post New Answer View All Answers
Hello Friends, I am Vinod Rawat & want some tips of interview question for the post of accountant in a reputed company Pls. Given Examples.
My question is that can i taken input credit of service tax of telephone bill & courier bill & labour contractore bills in exemption Area.
"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...
can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power
You are using the accounts approach to parallel valuation and classic assets accounting. You need to create a new financial statement version to valuation based of IFRS principles. In asset accounting, what posting options can you choose for the new depreciation area? (any 2 answer) Area post in real time Area posts APC directly and depreciation periodically Area posts APC only directly Area posts APC and depreciation periodically
Define trade bills?
Mention why some asset accounts have a credit balance?
Plant and machinery destroyed for 50000
DIFFERNCE BETWEEN RESERVE AND FUND?
Explain me the difference between public and private accounting?
we are import a cnc machine, we have availed customs duty, CVD & Additional duty credit?
What Is Responsibility Accounting?
What is a contra entry
salary entry with briefly including pf,esi,employee advances -journal entry with against payment entry
what is miscellaneous expenditure??