Bank Reconciliation Statement
Bank reconciliation statement is not part of financial statement it is the helping statement to tally bank account with balance in banks statement.
to show you any events that happened with your money (deposits, withdrawls, fees, interest earned) and to show you how much money you have in your bank account
bank prepares a bank statement ..one copy of bank statement is with us called cash book and other is with bank called pass book
A bank statement can be checked in many ways. The three most common are a paper statement either mailed by the bank to the account owner or obtained a the bank, a statement viewed or printed at an ATM, or a statement viewed or printed on the bank's website.
This line on your bank statement indicates that a transaction was processed on your account. The codes and numbers are the identification of the transaction. A phone call to the bank should help clarify the purpose of the transaction.
to show you any events that happened with your money (deposits, withdrawls, fees, interest earned) and to show you how much money you have in your bank account
Bank Reconciliation Statement
Bank reconciliation statement is not part of financial statement it is the helping statement to tally bank account with balance in banks statement.
The balance of a bank loan is a liability item on a balance sheet (or net worth statement). The principal and interest payments used to repay the bank loan are cash outflows (debt expenses) on a cash flow statement.
bank prepares a bank statement ..one copy of bank statement is with us called cash book and other is with bank called pass book
bank prepares a bank statement ..one copy of bank statement is with us called cash book and other is with bank called pass book
A bank statement can be checked in many ways. The three most common are a paper statement either mailed by the bank to the account owner or obtained a the bank, a statement viewed or printed at an ATM, or a statement viewed or printed on the bank's website.
what does ga mean on bank statement
Prime purpose of preparing cash flow statement is to tally the closing bank balance with opening bank balance so if there is a bank overdraft or negative bank balance it will automatically adjusted when complete cash flow statement is prepared. If after the preparation of cash flow, cash flow balance and bank balance don't tally it means there is some mistake in cash flow statment and it should be reviewed for any correcions.
is the meaning of atw in hdfc bank statement
MAE mean on a bank statement