What is Bank Reconcilation statement?
Answers were Sorted based on User's Feedback
Answer / rakesh
Bank reconciliation statement is a statement shwoing all
kind of differences between the bank balance as per pass
book as well cash book.
Actually we maintain cash book and pass book maintained by
the bank for ex:cheque issued but not credited if u take
example like this in the bank pass book the sum is showing
as credited and where as the in our cash book we forgot to
make the entry for thsi purpose of making reconcilation we
need to prepare the bank reconciliation statement.
Is This Answer Correct ? | 7 Yes | 0 No |
Answer / abdullah amer
Bank Reconcilation Statement is the statement prepared at
peridoical intervals to reconcile the balance of cash book
with that of pass book and to find out the exact balance
with the bank.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / ambreen
bank reconciliation statement is the statement which is
prepared to reconcile the balance of bank column of cash
book with bank statement.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / naveen
it is a statement reconciling the balance as shown by the bank pass book and the balance as shown by the Cash Book.
Is This Answer Correct ? | 0 Yes | 0 No |
WHAT IS THE DIFFERENT BETWEEN MERGERS AND ACQUSITION?
EXPAND______________PSU
What is C form? In C form 'C' means what
1.why mba? 2.why mba finance?
What is inter-corporate deposits? and where it is shown in balance sheet?
What is meant by Capital Loss
What is accounts recevable & acct. payble? How they are efect in real life accounts of the company?
Please let me know what to answer how long you prepared for SBI exam? if selected your credit goes to whom?
Tresuty stocks/shares calculation?
What is Consolidation?
example: thing that u have order 100 goods from the vendor, and he delivered only 80 goods,but he invoice u for 100 goods, then what will be u doing in this suitation?
differences between liabilities and assessts