what is bank reconsilation statement?and hw it will be
calculating
- 2 Answers
- 5855 Views
- I also Faced
- E-Mail Answers
Answer Posted / lalitha
Bank reconsilation statement is a statement which is given
by the bank, Normally a company gets its statement to check
with his books of accounts if any dispute the accountant
contact with the bank for what reason the particular amount
debited or credit and correct his books of accounts
It wil be calculating based on the debit of Bank statement
should be checked with the credit of the company statement
and credit of the company statement should be checked with
the debit of the bank statement
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?
Hi I would like to know what is journal entry for buying securities with Margin Trading I mean 50% of cost is paid by broker. 2nd question is when we withdraw extra money from the balance we have in bank account which means our balance become (-) what is journal entry for that, should I just credit the bank or should I put the extra money with-drawled as a liability account ? Thank you in advance!
HOW DOES THE ROLE OF THE MANAGEMENT ACCOUNTANT COMPLIMENT THAT OF THE FINANCIAL ACCOUNTANT
Explain compound journal entry.
Hi Everybody, Can anybody tell me how to create ledger in Peachtree Accounting software, means there are some Code, which Codes Comes under which ledger Account.your prompt Answer will be highly appreciated, Thanks & regards, Khan
Please answer me for the followings 1. i taken an office on January @ rent 28000.00 for one year and i paid 14000.00 as first payment balance will be paid on august. in tally how we post this and under which account especially balance 14000.0 under which account. 2.i have taken a loan from mr. A the amount is 100000.00 on January and the interest i need to pay on march 21000.00 the interest which iam going to pay is liability not a expense and it will be a expense in future, how we can post this also in tally and under which account. please somebody guide me who knows regards niyas es
what is the difference b/w gain and profit?
If a promoter has purchased an asset on behalf of the company before the incorporation of the same then what will be the accounting treatment to record the asset in the books of company
How do you handle rejection?
How to calculate ESI Please define what include in basic salary and what should be excluded from basic salary
How to post advance paid to a supplier in oracle jd edwards
What is the definition of accounting?
What is the meaning of scrap value in accounting?
Revenue Expenditure
When Tds is applicable to deduct and wht is rate for different work panel?
