Reconciling the bank column of the cash book and the bank statement balances is treated under 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: