Answer Posted / v sakkthivel
BANK RECONCILEATION STATEMENT IS PREPARED BY COMPANY AS
AND WHEN ACCOUNT CLOSED IN CASH BOOK TO CHECK AND ASSETAIN
THE AMOUNT OF CASH IN HAND AND CASH AT BANK CLOSING THE
ALLTRANSACTION MADE THAT PERIOD ENDING OF CLOSING OF
ACCOUNTS. BASED ON THE EITHER BY PASS BOOK OR BY CASH BOOK
ADDING/SUBSTRACTING(LESS) TRANSACTION (DEBIT/CREDIT) MADE
ON THAT PEIOD OF ACCOUNT CLOSING. FIND OUT THE OPERING
BALANCE/CLOSING BALANCE OF ACCOUNT PERIOD
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Explain what is account receivable?
Explain what are the accounting events that are frequently involved in compound entries?
What is service tax & excise?
Define social responsibility accounting
what is the Differed Tax Liability & How it is calculate ?
what is capital reserve
purchase from interstate as applicable f form given to supplier & selling in local state as applicable local vat guide me as per law
What would be journal entry for--Encashed a bank draft belonging to X? Ans as given in textbook is Bank account debit to Cash account credit.......But shouldnt it be Cash account debit to Bank account credit...Wat do u guys feel??And do explain ur answers..Thnx in advance
Were i have to enter for agreements in tally and in which ledger it will come
What is tds and how it is calculated?
What was your average accounts receivable days outstanding/days sales outstanding?
How do you classify errors in accounting?
the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled
Debit Card Come Under Which group in Tally 9?
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry