Interested to Buy Any Domain ? << Click Here >> for more details...
What is the purpose of preparing a bank reconciliation and
why is it necessary?
- 4 Answers
- 6327 Views
- I also Faced
- E-Mail Answers
Answer Posted / rakesh
Fist of all this is necessary to identify the difference
between Account balance with Bank and Account balance
reflected in our books.
Further, this is necessary to find any unexpected charges
debited by bank or any amount received directly into our
account.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
8. What is the difference between: a. Direct Costing Method and Absorption Method. b. Fixed Cost and Variable Cost.
Tell us what inspired you to move to the next opportunity?
Differentiate between consignor and consignee?
in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?
what is an ideal organisation
Tell me an example of a tough decision that you had to make?
Tell me how can you explain the basic accounting equation?
on the basis accounting,acounting is divided in to how many classes and what are they?
IF ONE SUB CONTRACTOR GIVE US BILL OF RS.120000 FOR APRIL,RS.110000 FOR MAY & RS.180000 FOR JUNE WITH LABOUR CHARGES INCLUDING VAT @12.5%.HOW MUCH AMOUNT SHOULD WE DEDUCTED AS A WCT TAX?
Tell me what happens to company's “cash account” if it borrows money from the bank by signing a note payable?
what is a register when referring to accounting or bookkeeping?
Where a cash discount should be recorded in a journal entry?
Do you know marginal cost?
Is it possible contra entry in SAP FICO
How to pass VAT retention entry on computer and Furniture
