reconcilation
Answers were Sorted based on User's Feedback
Answer / ravi
reconcilation means to reconcile the bank balances, or to
match the cash book and pass book
Is This Answer Correct ? | 30 Yes | 1 No |
Answer / roshan
to know the difference between cash and the bank book
Is This Answer Correct ? | 11 Yes | 0 No |
Answer / ashu
it means match bank balance with pass book balance which
appeared in the companies cash book or pass book..............
Is This Answer Correct ? | 7 Yes | 0 No |
Answer / ramakrishna
if there is any discripency or the disturbance causing in
the pass book and cash book and the process of correcting or
reconciling the same is known as Reconcilement.
Is This Answer Correct ? | 3 Yes | 1 No |
Answer / kumar.m
reconcilation means to reconcile the bank balances, or to
match the cash book and pass book
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / ganesh
bank reconcilation statment is prepared to find out the
discrepancy between pass book & cash book
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / chandu
reconcilation means finding the reason for the differences between cash book(bank column) and pass book balances and reconciling both balances is call reconciliation.
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / neeraja
bank reconsilation is a routine procedu of sustematically
adjusting the a/c balances reported by bank with the
accoutn balance on the company book and explain
differences .differences may occur if depostis are not yet
cleared or cheques are not yet presented
Is This Answer Correct ? | 1 Yes | 0 No |
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