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about bank reconciliation
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Answer / kuldeep pandey
Clossing Balance as per our Books *******
Add: Cheque issued but not presented *******
Cheque credited but not recored our book *******
Less: Cheque deposited to bank but not credited ********
Clossing balance as per bank statement *******
| Is This Answer Correct ? | 12 Yes | 0 No |
Answer / govind
It is reconcilation between the amount of balance as per
Cash book and pass book.
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / bharathi
BANK RECONCILIATION IS NOTHING BUT MATCHING THE BALANCES
BETWEEN BANK PASS BOOK AND COMPANIES BANK BOOK / OR IN
OTHERWORDS ARRIVING THE DIFFERNCE BETWEEN BANK BOOKS & BANK
PASS BOOK - TO KNOW WHICH CHEQUES ARE YET TO BE PRESENTED
IN THE BANK AND WHICH CHEQUES ARE CLEARED / RETURNED BY THE
BANK
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / pollitirumaleswarareddy
It is a statement reconciling the balance as shown by bank
passbook and balance as shown by cash book. The main
objective is to know the difference and pass necessary
correcting , adjusting entries in books.
The following are the reasons for difference is
1. Outstanding Checks
2. Deposits in transit
3. Service charges etc.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / k jagannath reddy
BRS is a statement of reconcile the balance between cash book and bank book balances.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / anamika sheoran
bank reconciliation is camparing and maching our account
recdord and bank statement issued by bank. its anayse the
diffrence between bank statement and our account recdord
| Is This Answer Correct ? | 1 Yes | 0 No |
Entrance Exam question & Answer required
Is the the invoice number and voucher no will be same most of the time or it should be same?
can i have practical examples of AS-30
Choose the right answer when cheque given to a creditor dishonour,we have to credit 1.Creditor 2.Bank 3.loss
the following figures given to you: 2008-09 Sales Rs.100000 Loss 10000. 2009-10 Sales Rs.250000 Profit 20000 Calculate: P/V Ratio, BEP, Sales to make a profit of Rs.40000, Margin of safety at at profit of Rs.2000
Please let me know the journal entry for the below. "A" paid Rs.100 to "C" on behalf of "B"
What is BRS, with an example?
what are important steps to take during the conversion of an accounting system?
2 Answers Cap Gemini, Franklin Templeton, Globix,
Due Dates for filing of the following? Vat Returns Service tax Returns Individual Income tax returns Partnership Companies Advance tax Remittances
Why are there 30 blue-chip companies only considered in bombay stock exchange.And why those thirty only effect the sensex
how to create the trading a/c, profit & loss a/c & Balance sheet & What do u mean by bank reconcilation
what is the step in preparing the schedule of audit? can someone explain for me?
Audit 
