Bank reconciliation statement
Explain the term bank reconciliation statement?
Expert
In banking scenario the account and mirror account containing the opposite sign. The procedure matching real account and mirror accounting is termed as Reconciliation. This reconciliation to that of a bank then it is termed as Bank's Reconciliation. Therefore, the statement is termed as Bank Reconciliation Statement.
Avoidable Cost: The cost related with an activity which would not be acquired if the activity were not executed.
The term used in governmental accounting to identify amounts that the governmental unit is authorized to spend for debt repayment, operating activities, and asset acquisition. The appropriations account is a budgetary account that acts as a control account for all budgeted expenditures. More usua
Traceability: The capability to assign a cost directly to a particular activity or cost object by identifying or observing particular resources used by the activity or cost object.
Normal 0
Describe the provision of 'Indian partnership Act 1932‘concerning sharing of profits in lack of any provision in partnership deed. Answer: In the lack of any p
Briefly define the term Strategic management and also state the reason why it is designed?
Write a brief note on the things which Threats to business comprises?
A) A partnership may be formed either expressly or impliedly, and in each case all the circumstances should be examined in order to ascertain: The intention of the parties; Whether there has been a
What are the Insurance premium in Arrears?
What do you mean by the term reaping the benefits of IT? Explain n brief?
18,76,764
1938797 Asked
3,689
Active Tutors
1424586
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!