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A Bank reconciliation manipulates cross verifying the entries in the cash book(bank balance)with that of pass book.
Mostly the reasons for disagreement of cash book with that of pass book are as follows:
1.cheques placed but not collected by bank.
2.cheques issued but not offered for payment.
The process of adjusting the bond interest expense account for any premium or discount is called amortization of the premium or discount
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journal entry fire insurance claim received for previous year is 50% of its original claim
Journal voucher is the voucher in which all the adjustment related entries and non cash non bank transactions are come ijournal eg-dep, some of them book the bills in journal and
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How do you do journal entries for an item bought on credit and then later returned and the total selling price was 4,275.
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
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