adspace


what is a reconcilation statement

Answer Posted / lakshmanreddy

Bank reconciliation is the process of matching and
comparing figures from accounting records against those
presented on a bank statement. Less any items which have no
relation to the bank statement, the balance of the
accounting ledger should reconcile (match) to the balance
of the bank statement.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?

2584


You are given the following information in respect of a company: Fixed cost –Rs.13,000 Variable cost –Rs.14,000 Net profit –Rs.3,000 Net sales-Rs.30,000 Find out: a>BEP b>The profit for sales volume of Rs.50,000 c>The volume of sales to make a profit of Rs.10,000

2095


Anyone whose sbi interview has been over , please share all the question asked by them

2058


Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com

2300


You placed an Order for some books but it was not delivered on time or the books were damaged, so are write Complaint Letter to the Shopkeeper about it.

2325


Hi Im Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Clerical post. Please help me I f u can. thanx in advance

2111


What was the most chlleging task you face while working in SAP FI/MM and how did you solve?

2045


I need all WNS interview questions

2294


You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.

2413


can anybody send me interview question&answer to me in accounts and finance and income tax....my mail.id...jagathis1986@gmail.com

2122


what are the new rules of central excise ?

1988


what is new updates in account

2131


plz send me the accounting questions and answers of bank of america.

1977


I AM APPLY FOR CLERICAL CADRE IN SBI. SO ANYONE SEND ME QUESTION WITH ANSWERS, WHICH ARE RELATED TO THAT JOB. MY EMAIL ID IS shawetasingh24@gmail.com

2171


please give me a last 10 years sbi clerk question and answer paper

2057