What is the purpose of preparing a bank reconciliation and
why is it necessary?
- 4 Answers
- 4951 Views
- I also Faced
- E-Mail Answers
Answer Posted / vinod dhanawade
The main purpose to keep track of all pmts made & stoke
collection received in an organization.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What are the rules for debit and credit for different accounts to increase the amount in your business accounts?
journal entries for money received from RBI by the banks IN CASE OF INSUFFICIENCY
What is mis report , how to prepare mis report for general ledger?
Tell me what is trial balance in accounting?
pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.
Tell me do you think there is any difference between inactive and dormant accounts?
if my salary is 12000 per month how much i will get after deducting PF an ESI
Can anybody tell me the steps involved in Budgeting / Forecasting generally..?. Hints would be appreciated highly.
WHICH QUESTIONS ASKED IN EPFO IN 2009.
What is the basic accounting equation?
Ours is a technology firm. We got a contract of 1 lac. It is payable at the end of the contract. How you will recognize revenue?
Which kind of transactions are not recorded in the books of account?
Tell me about a situation where you showed determination?
OUR COMPANY IS ENGGAGED IN CONSTRUCTION ACTIVITY .WE ARE GOING TO PURCHASE EXACAVATOR MACHINE FROM THE INTERSTATE.WHETHER THE ABOVE PURCHASE COVERED BY ISSUING THE C FORM.
What is the diffrent job&project accounting?
