Is Bank Reconciliation Statement is compulsory prepared?
Even when both cash & Bank Book are tally?
Answer Posted / madhu naidu
It is a statement to prepare to reconsile the diffrence
between balence as per Bank book and balence as per cash
book.
* it is prepared by a customer (i.e Accountant)
* according to My knowledge if both books are tallyed at
the same time, There is no need to prepare This statement.
Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
You configured new asset accounting with three depreciation areas that post in real time. You need to do a partial scrapping to an asset in transaction type. How many document does the transaction create ?( any 1 answer) 1 3 4 6
Why it is necessary to use SAP in an industry? & What is the difference from other advance accounts software like Tally ERP 9? What is the importance of using GAAP for best management decission or why GAAP using by Top Management?
Straight line method to using Indian company names
Clasify capital
what is the system of accounting and banking in cooperative bank?
if sale aganst c form interstate sale.when i file the return party not give me c form then give by our company wich type panelty give me detail?
what is cnc machine hour rate? how it is calculated?
about tally erp9
whts is the meaning of over cost and under cost, what is difference ?
What type of question generally asked in Brokerage Firm ?
What is DRA in bank reconciliation.
What are direct income and indirect income
What is the New GL concept? how do you configure new GL a/c?
my qustion is what is H foam and where use
Took goods from the shop for use at home? state whether the following transcation is business transcation or non business transaction? with reason?.