Interested to Buy Any Domain ? << Click Here >> for more details...
what do you mean by Bank reconcilation statement
- 29 Answers
- 60100 Views
- Accenture, BPO, Citi Bank, CitiGroup, DOC, Fullerton, Global Talent Track, Northern Trust, SGI, State Bank Of India SBI, I also Faced
- E-Mail Answers
Answer Posted / girish
Bank reconciliaion is nothing but matching the two data
base, eg. bank pass book with firms cash book. When ever we
issue the cheque that may present for payment on later date
but cash book showing less amount because check hasbeen
issed but bank balance is showing more because cheque not
presented for payment,here we should match the balance with
bank balance and cash balance. this is called
reconciliation.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
plz tell me the finance questions asked in hsbc latest question asked in hsbc?
is advance against FD or RD is treated as NPA .if EMI is not in scheduled . or classification of npa as per day is is made from sanction date or last payment date of repayment . please suggest me
How goodwill is accounted for the first time in a company .
Hi, If I am placing the order in amazon on behalf of the customer who place the order in other e-commerce application in which If I mention the billing address of the customer and goods will be delivered to the customer from amazon ,and other E-commerce site will deduct their commission on the certain % and make the payment to me on some what profit at that time how should maintain my books of account..??
Distinguish capital and revenue expenditure
Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance
whts is the meaning of over cost and under cost, what is difference ?
Depreciation method to using Indian company names
What Is Depreciation, and from which date do we charge Depreciation for an asset ?
Truck # 3 has a list price of 16000. It is acquired in exchange for a computer system that company A caries in its inventory. The computer system cost 12000 and is normally sold by company A for 15200. Pass the journal for the same.
how to entry in tally for other person check received
Expand BEMS
I am maintaing books of accounts a Software Co. Kindly advise me Account Head of these exps. (Software Exps.,Internet Exps., Video Exps.,Server Maint.Exps.,& SMS Exps.,) Thanks
Short answer on Amalgamation
What is the Assets & Liabilities?
