Answer / chinnu

Reconsilation means the company will doing all transactions
with banks. all bank transctions and bank transactions are
showing samely. if does'nt show samely the company will
reconsil the difference amount.

Answer / sanashimin

is the process of preparing a reconciled statement by
comparing the pass book balance and cash book balance on a
particular date . this may be prepared for the purpose of
final accounts,or auditing etc.

Answer / sendil

Reconciliation means finding out the difference between the
two books and makes some entry to action further.

Answer / manonmanian

Bank reconciliation statement is a list in which various items
that contains a balance as per cash book and pass book on
any given date incurred.

Answer / kiran

reconciliation means find the errors between pass book and
cash book,and makes some entry to action further.

Answer / ramanathan s

Reconciliation means any type of comparison of statements and arrival of differences if any.
examples:-
1. bank pass book with our account book - Bank Reconciliation
2. Party's account with our Account - Party's Reconciliation
3. HO accounts with branch accounts - Inter branch reconciliation
like that...

Answer / azam

bank reconciliation staement main objective is to find out
the differences between pass book balances and cash book
balances for that purpose we will pass a necessary adjusted
enteries in oerder to reconcile it

Answer / naveen meharshi

Reconciliation is a process of comparing and matching figure from the accounting record against those which is shown in the bank statement

Answer / guest

all bank transctions and bank transactions are
showing samely. if does'nt show samely the company will
reconsil the difference amount.

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0 Answers  

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3 Answers  

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