why is the recocillation done?

Question Posted / pruthvi raj

2 Answers
4542 Views
Global Talent Track, I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

why is the recocillation done? ..

Answer / harihara nayak

Reconciliation statement is done to find the actual difference between cash book and pass book balances and reconcile the differences by passing exact entries.

Is This Answer Correct ?

9 Yes

0 No

why is the recocillation done? ..

Answer / naveen

To Know the exact bank balance

Is This Answer Correct ?

1 Yes

1 No

Post New Answer

More Accounting General Interview Questions

journal

2 Answers Bank Of America,

goods worth rupees 440 distributes free among the poor?

0 Answers

Received Invoice from Tvs Co. against purchase of 15 pcs of Mouse @ 750 excluding VAT 4%, Pass journal entry in the necessary books of accounts?

6 Answers

what is equity shares?

2 Answers Genpact,

How do you maintain accounting accuracy?

0 Answers

Tell us what inspired you to move to the next opportunity?

0 Answers

I have purchased computer,furniture,laptop, vendors has given me retail invoice he has mentioned his vat,cst no in bill & he charge vat in bill

1 Answers

What is the TDS deduction & Service chargges for FY 2011- 2012

2 Answers

what is debit and credit?

1 Answers Genpact, Infosys, Nainital Bank, Satyam,

who is the creditor and debtor

8 Answers AXA, IBM,

what are the direct expense of loan department in banks.

0 Answers MagicBricks,

what is the principal of accounting

2 Answers

For more Accounting General Interview Questions Click Here