Answer Posted / ramanathan s
Reconciliation means any type of comparison of statements and arrival of differences if any.
examples:-
1. bank pass book with our account book - Bank Reconciliation
2. Party's account with our Account - Party's Reconciliation
3. HO accounts with branch accounts - Inter branch reconciliation
like that...
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What is the rate of interest charged by rbi for lending money to banks by rediscounting of the bills in india.
what is cbt in bank explain it???
What are indirect instruments of monetary policy?
Tell about different types of accounts and their features?
Comment on 'Make in India' Scheme launched by the government?
What is NABARD and its functions?
can you please explain the capital budgeting methods in any business?
Introduce yourself in 5 lines.
Explain working capital turnover ratio.
What is the current repo rate and reverse repo rate?
A system of 'fiat money' is being used in india. What is that?
Who is co-operative bank regulator?
What is mudra bank? Why was it started?
hi viewers my name is prapul i would like to know how to prepare for an interview i had done my mba finance
What is Meant by at Premium in Issuance of Shares?
