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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