What is bank Reconciliation Statement?
Answers were Sorted based on User's Feedback
Answer / rajesh khanna
Bank reconciliation is a process/method etc, by which you
can reconcile the bank balance of your account to your
balance of your account as of a specific date.
| Is This Answer Correct ? | 1 Yes | 0 No |
What do you mean by TDS?
Expand--------OTA
what is CDD’s configuration
what is the working formula for Quick ratio
Mr.Jadhike owns a fleet of taxis adn the following information are available from the records maintained b him: 1.Number of taxis 10 2.salary of manager 600pm 3.cost of each taxi 20000 4.salary of cleaner 500pm 5.salary of mechanic 400 pm 6.garage rent 600pm 7.insurance premium 5%pa 8.annual tax 600 per taxi 9.driver salary 200 pm per taxi annual repair 1000 per taxi total life of a taxi is about 200000 kms. a taxi runs in all 3000kms in a month of which 30% it runs empty. Petrol consumption in one litre for 10kms@1.80 per litre. Oil and other are rs 5 per 100 kms calculate the cost of running a taxi per km 5
What is income tax,sales tax and vat?
Expand---------OST
EXPAND___________ITO
DEAR ALL, HOW TO ACCOUNT THE SALARY ADVANCE A/c. I HAVE TAKEN AN ADVANCE OF Rs.25000/-. I HAVE DEBITED SALARIES ADVANCE A/c AND CREDITED THE PETTY CASH A/c in TALLY. I dont't know whether it is correct or not. If correct, in my individual ledger no entry is reflected. Alternatively, if I debit my self and credit petty cash a/c it is reflected in the P & L Account, but it is not an expense. and not reflected in the balance sheet, but reflected in P & L. I think I need to put a journal entry. Like debiting the salary account and crediting the salary advance account. Is this correct or not? Can any one help me please. my mail add: cdvijay100@yahoo.co.in or kmlnkml@live.com
which is coming under indirect expenses
I have SB A/c and in the statement service@10.30% debted by bankers in every month,in which amount they charge@10.30% ?
a trader sold an article for Rs 714/-after allowing discount of 15%.If not allowed discount he would have make 20%profit. If so what will be thwe cost price of the article