Interested to Buy Any Domain ? << Click Here >> for more details...
what is reconsilation@
- 5 Answers
- 9737 Views
- ADP, Infosys, Xchanging, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / raman kumar
Bank Reconsilation statement is the statement in which we
have to reconcile the two balance's balance as per cash
book and balance as per bank pass book.The purpose of
preparing such a statement is to find out the cause of
difference betbeen two balance's and pass correcting and
adjusting entrie's in the books of firm.
| Is This Answer Correct ? | 10 Yes | 2 No |
Answer / murali royal
Finding the reasons between cash book and poss book is called
as reconsiliaton as per BRS. Bank reconsiliation statement.
| Is This Answer Correct ? | 6 Yes | 2 No |
Answer / swarna kumari
reconciling the balance as shown by the bank passbook and balance as shown by the cashbook.Purpose of BRS is to know the difference and make adjustment entries.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / syed nazare mehdi
reconciliation is nothing but it is the difference between
two balances which are cash book and pass book .this
transaction mainly done between bank and customer .the main
purpose to create brs is to make both cash and pass book
balances are equal.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / supriya chavan
BRS is Bank Reconciliation Statement prepared to find out difference between bank book in company's accounting software and bank pass book because of delay cheque clearance by banks and to match the balances of bank book and pass book at month end.
| Is This Answer Correct ? | 0 Yes | 0 No |
What is Hot Issue Income for Hedge Funds?
what about case study
Expand----------CMST
what will be the journal entry for this transaction? purchased furniture for personal use of rupees 2000. now tell me is it business transaction or a personal transaction??
if sale aganst c form interstate sale.when i file the return party not give me c form then give by our company wich type panelty give me detail?
What is meant by consignment
Expand---------MDOT
what is meant by Reserves
WHY PROFIT & LOSS A/C, WHY NOT PROFIT & LOSS A/C
why closing balance do not come in trial balance?if it is in which case it comes?
Name some errors which are not disclosed by trial balance
Explain PRICE RATE and also COST RATE.
Audit 
