What is the bank reconciliation and simple explanation of BRS.

Answer Posted / babhu kanchupalli

Bank reconsiliation statement is a statement which reconsilates the balance as per cash book and passbok....

Is This Answer Correct ?    3 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

If A Company pays amount thru bank for a supplier deducting tds on behalf of B company. Accounting entries to be made in company A and B

4137


how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.

1130


What is Statory Books ?

1837


WHEN WILL SBI DECLARE THE RESULTS OF INTERVIEWS OF CLERICAL CADRE HELD IN APRIL-MAY 2010?

1655


What is the meaning of scrap value in accounting?

717






what are your current financial and accounting projects? What is your role?

2404


Cost Accounting

1672


Tell me by saying, perpetual or periodic inventory system; what do we mean?

714


PRELIMINARY EXPENSES INCURRED IN THE YEAR OCTOBER 2012 MONTH 5LAKS WHICH ACCOUNTED IN ASSET SIDE AS ''PRELIMINARY EXPENSES''... IN YEAR END MARCH 2013, IN 5LAKS HOW MUCH AMOUNT SHOULD TAKE FOR PRELIMINARY EXPENSES WRITTEN OFF..?

1489


Explain an example of a tough decision you had to make quickly?

615


Define overhead in terms of accounting?

620


Why have you applied to our firm?

627


What are the advantages of double entry system?

663


if cheque bounced what we received from customers and payed to bank what entry should we create in single entry system

1582


Do you have any professional experience in this field?

642