Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / seema
Bank reconciliation is a statement, perpared by an
organisation to reconcile the cash at bank in its own
records with the particuler bank statement on a particular
period.itis made at the end of the month.mainly the
diffrences between the two records on a particular period
may be arise due to the following:
1 cheques drawn but not yet presented in the bank.
2 cheques received but not yet deposited in the bank.
3 bank charges debited but not recorded in the
organisation's books.
4 interest credited but not recorded in the books of
organisation's books.
| Is This Answer Correct ? | 18 Yes | 0 No |
Post New Answer View All Answers
WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?
What is the Purpose of Preparing Bank Reconciliation Statement?
Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
Hi...At present am doing my second year B.Com.I want to do Chartered accountant.Could you send me the details such as when i can start this course,levels of course,proceudre to start( training and prerequirement if any)?And also do let me know is it possible to start from madurai.Note: I wanted to start by regular classes not by distant education. Thanks in avance.
Who to create a budget on software company
We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?
can any one tell me what kind of qns are asked in gail entrance test. i m apearing for the exam of accounts & finance. please let me know the ans on my id pragneshmall1@gmail.com
What Is The Limitation Of Remuneration Allowed If Book Profit Is 375850 In A Business Firm And In A Professional Firm?
What is outsider equity and time interest period ratio?
hey! i have an interview for PO in union bank on 11th feb. can anyone please tell me what major topics should i prepare for? of course npa is there. also cibil and basel basics. is there anything else i should prepare?
What is re-financing in Letter of Credit settlement
what type of questions are asking for fund administration???
Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.
in case dedit balance of solvent partner and in case credit balance of insolvent partner what i do for accounting on dissolution of partnershio firm give me ans. as per garrner v/s murry rule
EXPAND___________NAA
