Cheques deposited into the bank but have not been credited to the customer account by the bank as at the date of preparing the bank statement are called Posted on:
Cheques which have been issued for payment by a bank account holder but have not been presented for payment at the bank as at the date the bank prepared the bank statement are called Posted on:
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:
