Accounting
Limitations of Trial Balance
Limitations of trial balance Though the trial balance facilitates to make sure the mathematical accurateness of the books of accounts, it is potential only when…
Accounting Principle
Accounting
Format of Trial Balance
Format of Trial Balance Trial balance is a statement which shows debit balances and credit balances of all accounts in the ledger. Since, every debit…
Accounting
Methods of Trial Balance
Methods of Trial Balance Trial balance is a statement which shows debit balances and credit balances of all accounts in the ledger. Since, every debit…
Accounting
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…
Accounting
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…
Accounting
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…
Accounting
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.…
Accounting
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…
Accounting
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…
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