Interested to Buy Any Domain ? << Click Here >> for more details...
What is the Purpose of Preparing Bank Reconciliation
Statement?
- 7 Answers
- 21918 Views
- EDS, I also Faced
- E-Mail Answers
Answer Posted / prabhavthy
The purpose of preparing BRS is to know the actual balance
in bank book. For that we have to compare the bank book and
company book.And major things is to ascertain the fund flow
for the company.Based on that balance the will issue the
cheques.. The BRS carried out for 1st week of every month.
| Is This Answer Correct ? | 2 Yes | 4 No |
Post New Answer View All Answers
What are a debit note and credit note with an example?
Account for letter of credit in the books?
Mention in simple terms what is the difference between asset, equity, and liabilities?
Tell me in accounting, how do you define premises?
Pass the journal entry: rent outstanding
What is fbt (fringe benefit tax)?
ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10
how to pass journal entries for reverse tax on input tax paid
Contrast bookkeeping and accounting
Explain what does the standard journal entry includes?
Mention what are things will not be included in a bank reconciliation statement?
Is the shadow balance present in bank account always credited or bank may reverse it as well?
Who is the sundry creditors
how will you handle fairs in askening with the a high posistion person in a company? how will i develop my attitude when interviewed? am always scared.
Mention the types of ledgers?
