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what is bank reconcilietion

Answers were Sorted based on User's Feedback



what is bank reconcilietion ..

Answer / srinivas k

Bank reconciliation is the process to compare accounting
records to the bank's records with their account balance in
order to uncover any possible discrepancies

Is This Answer Correct ?    1 Yes 0 No

what is bank reconcilietion ..

Answer / bindu

Bank reconciliation is a process of comparing or matching
figures from the accounting records against those shown on
a bank statement.

Is This Answer Correct ?    1 Yes 0 No

what is bank reconcilietion ..

Answer / mangesh

Bank reconcilation statement means journy from one book
(starting book) to another book (end book ) which giveing
effects Variation by plus or minus (+/-)

Is This Answer Correct ?    1 Yes 1 No

what is bank reconcilietion ..

Answer / ratheesh

Any difference in the bank balance as per cash book & Bank
balance as per pass book is called bank Reconcilation

Is This Answer Correct ?    1 Yes 1 No

what is bank reconcilietion ..

Answer / anjali

Bank reconcilietion is a statement which is ment to prepare
to know the differences of amount that was being between
the cash book and bank balance that we are using during the
month etc....

Is This Answer Correct ?    0 Yes 0 No

what is bank reconcilietion ..

Answer / nilesh wadekar

Bank reconciliation is the process of comparing and matching
figures from the accounting records against those shown on a
bank statement.

Is This Answer Correct ?    0 Yes 0 No

what is bank reconcilietion ..

Answer / anuj kumar

It is basically represents the reasons of not reconciled
the bank balance as per bank statements & bank balance as
per our system.

Is This Answer Correct ?    2 Yes 3 No

what is bank reconcilietion ..

Answer / raja mohamed

Bank Reconcilation statement is the all banking transaction
maintained the statement taht is calloes to bank
reconsilation statement.

Is This Answer Correct ?    0 Yes 1 No

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