reconcilation

Answer Posted / neeraja

bank reconsilation is a routine procedu of sustematically
adjusting the a/c balances reported by bank with the
accoutn balance on the company book and explain
differences .differences may occur if depostis are not yet
cleared or cheques are not yet presented

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Company XYZ split 5:1 on June 30, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 5,000 $75.00 5000 April 23, 2009 $72.00 7,500 $72.00 7500 March 31, 2009 $67.00 135 $67.00 135 March 31, 2008 $275.00 531 $55 2755 November 30, 2007 $233.00 266 $46.6 1330 October 6, 2006 $1,333.00 10 $266 50

1665


Where should tds received should show in balance sheet?

618


What is the Technology used to carry out trades? Pls Tell me as early as possible.

3084


Cost Accounting

1672


Tell me how much statistics knowledge is necessary or required in accounting?

3538






in tally software payroll vouchers option is there for what purpose it is used ? please tell me friends.

1623


when the ABC's personal bank to to his business bank money transferred(paid) then how to pass the entry.

1475


What is creative accounting?

664


Mention the types of accounts involved in double entry book-keeping?

613


WE PURCHASED ONE ASSET,HOW CAN WE CALCULATE EXCISE DUTY,VAT,SERVICE TAX?[IN CASE OF SELLING PURPOSE OR OWN PURPOSE].SHALL WE CLIME CREDIT ON THAT?THEN HOW?

1343


What is Prepaid Entry

1271


What GP resew of balance sheet taking.

1634


How many accounting standards are currently published?

672


Is the shadow balance present in bank account always credited or bank may reverse it as well?

608


If closing stock is given in adjustments, how we show in tally 9.0 ?

1599