Answer Posted / rajeshkanna.a

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 ?    38 Yes 21 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Information regarding shop & establishment registration of propiertor ship & require document for this

2005


when will be appsc exams will held pls give me the dates

2169


what is correct accounting treatment for preliminary exps and pre-operative Expsas per AS 26? or any other applicable AS?

2087


Occasionally it is said that issuing convertible bonds is better than issuing stock when the firms shares are undervalued. Suppose that the financial manager of Decent Furniture Company does in fact have inside information indicating that the decent stock price is too low. Decent furniture earnings will in fact be higher than investor’s expectations. Suppose further that the inside information cannot be released without giving away a valuable competitive secret. Clearly, selling shares at the present low price would harm Decent’s existing shareholders. Will they also lose if convertible bonds are issued? If they do lose in this case, is the loss more or less than it would be if common stock is issued? Now suppose that investors forecast earnings accurately, but still under value the stock because they overestimate Decent’s actual business risk. Does this change your answer to the questions posed in the preceding paragraph? Explain.

2182


STATE & EXPLAIN THE IMPACT OF GLOBAL FINANCIAL CRIS ON CEMENT SECTOR IN INDIA:

1815






How often is the stock market ticker updated? 15sec? 30sec?

2342


Can anybody tell when sbh dispatches appointment letters for Clerical for people completed medical and scrutiny of documents on 15/08/09?

1873


I want to validate Customer credit payment with customer invoice, When billing time, the system check the customer credit payment, if customer credit is lesser than customer bill, system should not allow the billing further process. Can I configure in sap

1641


STATE THE DIFFERENCE BETWEEN BANKING FIS AND NON BANKING FIS

2140


I am Simrat Kaur. I am persuing graduation from P.U. I have an experience of 14 months as a CSA. But i hav an experience letter of 6 months.But I can show my joinin letter of the other job. I hav knowledge of basics of computer & internet. Actually, m findin job in chandigarh. I am findin the right opportunity. so, Can u plz help me in findin the right job?? Can u plz tel me abt where interviews r goin on?

1952


MY QUESTION IS THAT IS WHEY WE SELL THE UPS IN THE MARKET BUY FROM THE IMPORT WHAT THE DUTY WE WILL FORWARD TO THEM.

1864


I want to know that , If we called a person for one day for drive our company van or any other purpose. so how it will accounted in our (i.e companies) Books of accounts....

804


How does a bank or financial institution calculate COGS? What are the 'direct' costs of a loan or deposit revenue operation?

7486


Is it possible to list only a portion of Equity Shares leaving the balance as unlisted?

2606


i have cleared c.s inter. for the purpose of training i want to know the companies who are providing training of c.s in punjab state.please help me in this.

1792