Objectives and Advantages of Trial Balance
A Trial Balance is a statement that shows the total debit and total credit balances of accounts. It is like a bookkeeping worksheet the company…
Accounting
Trial Balance
The trial balance is an account which shows debit balances and credit balances of all accounts in the ledger. It is a statement of all…
What is Bank Overdraft?
Bank Overdraft Bank overdraft is an amount drawn over and above the definite balance kept in the bank account. It is happen when an individual…
Format of Bank Reconciliation Statement
The format of Bank Reconciliation Statement ‘Bank reconciliation statement is a catalog in which a variety of substance that reason a dissimilarity between bank balance…
Amounts Debited by the Banker in the Pass Book – Effects
Amounts debited by the banker in the pass book without the immediate knowledge of the customer The following are some of the examples for this.…
Amount Credited by the Banker in the Pass Book – Effects
The amount credited by the banker in the pass book without the immediate knowledge of the customer The following are several of the examples for…
Importance of Bank Reconciliation Statement
Need and Importance of Bank reconciliation statement ‘Bank reconciliation statement is a list in which the various items that cause a dissimilarity between bank balance…
Cheques Issued but not yet Presented for Payment – Causes
Cheques issued but not yet presented for payment The cheques issued but not debited customers account may be because the cheque is not cashed till…
Cheques Paid into Bank but not yet Collected – Causes
Cheques paid into bank but not yet collected The cheques paid into bank for collection but not credited into the account of the customer, because…
Format of Bank Pass Book
Format of Bank Pass Book Passbook is an essential document nearly all of us have. Bank Pass Book is a duplicate of the account of…
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