The differences between the balances of bank column of the cash book and bank statement could be as a result of the following except Posted on:
The process of making the balance on the bank column of a cash book to agree with the balance on the bank statement is Posted on:
A statement sent periodically, usually once a month by a buyer to his suppliers, showing the position of their accounts up to a certain date. Posted on:
A statement sent periodically usually once a month by a seller to his customers, showing the position of their accounts up to a certain date Posted on:
The amount set aside out of profit earned by a company and constitute part of shareholders fund is called Posted on:
Debts which in the opinion of management of an organization may not be fully recovered are called Posted on:
A set of numbers and codes that defines each account head and also differentiate between classes of account is Posted on:
The money spent in an organization in order to generate income either now or in the future is Posted on:
Any transaction that is recorded twice in an account through a debit and a credit entry in the same account is called Posted on: