bank reconciliation, Accounting Basics

hello, i am in Malaysia and try to reconcile a bank statement in USD.
I am confuse on which currency should i follow to enter the bank transactions.
If follow in USD, i could not taly my double entries, which i have to show the expenses in MYR (Malaysia Ringgit)
If follow in MYR, then i could not reconcile the bank, which the bank balance at the end of the month does not tally with the USD.
Please help
Posted Date: 12/20/2012 1:43:24 AM | Location : Malaysia







Related Discussions:- bank reconciliation, Assignment Help, Ask Question on bank reconciliation, Get Answer, Expert's Help, bank reconciliation Discussions

Write discussion on bank reconciliation
Your posts are moderated
Related Questions
The advent of management accounting was the subsequently logical step in the developmental method. The practice of utilizing accounting information like a direct aid to management

Q. Traditional body of accounting theory? Presenting the traditional body of theory first as well as the conceptual framework second gives you a sense of the historical develop

Investment banking is a is an instrument which is used by the financial organization to take a improved investment decision like issuing IPO stocks bond etc.

Q. Explain about Period costs? Period costs are costs not noticeable to specific products and expensed in the period incurred. Administrative and Selling costs are period costs

Draw a stem-and-leaf plot for the data set. (Enter numbers from smallest to largest separated by spaces. Enter NONE for stems with no values.)  Data set A: The annual wages of

what is Accounts payable process?

There is a point where stockholding costs are equivalent to ordering costs


AL MASA a sole trader,decided to install a new machine to use

Management: Organizations may not or may exist for the sole reason of profit. Though, information requires of the managers of both types of organizations are approximately the sam