Answer Posted / srinivas annavarapu
Reconciliation of Assets means
comparing opening and closing balances to find out whether
any new assets purchased or sold during the year are
accounted properly, depreciation on the assets is charged
at correct rate and deducted from respective asset value
and arrived at correct closing balance.
| Is This Answer Correct ? | 31 Yes | 6 No |
Post New Answer View All Answers
What does the statement of Inventory be used for?
Can you tell about PPF Account?
How To Enable And Disable System Administration Mode?
what are the interview question for housing finance companies in credit department.
What is a Reverse Repo Rate? What is SLR Rate?
Which was the first company to be listed in NASDAQ?
What Is The Difference Between Product Costs And Period Costs?
what would a proxy server do? what is primary domain controller? what is DNS?how does it differ froma DHCP?
What are BASEL Norms?
what do you mean by private equity transactions?
In the banking scenario, what are the essential needs of the banking industry?
Is tmb bank keeping up with the technology up gradation in recent times?
A system of 'fiat money' is being used in india. What is that?
What do you know about E- commerce?
what is irr?
