Bank reconciliation statement compares a bank statement with


Asked by admin @ in Accountancy viewed by 475 People


Bank reconciliation statement compares a bank statement with _________

Answered by admin @



Explanation:

Bank reconciliation statement is a report which compares the bank balance as per company’s accounting records with the balance stated in the bank statement.

It is normal for a company’s bank balance as per accounting records to differ from the balance as per bank statement due to timing differences.


Similar Questions

The monthly bank statement has to be compared with the

Asked by maham237 @ in Business viewed by 294 persons

The monthly bank statement has to be compared with the: a. credit card statement b. checkbook c. deposits d. check register user: an alternative to paper bank statements is: a. …

Bank account reconciliation software

Asked by maham237 @ in Business viewed by 259 persons

Research online and find two software tools for bank account reconciliation. Write a 500-word report comparing their features and benefits.

How to write a thesis statement for compare and contrast

Asked by admin @ in English viewed by 378 persons

How to write a thesis statement for a compare and contrast essay?

A technique used in comparative analysis of financial statements is

Asked by admin @ in Economy viewed by 320 persons

57.) A method used in a comparative analysis of financial statement is (A) Common size analysis (B) Graphical analysis (C) Returning analysis (D) None of these

Which statement best compares the structure of "harlem" and "the weary blues"?

Asked by maham237 @ in English viewed by 732 persons

Which statement best compares the structure of "Harlem" and "The Weary Blues"? A) “Harlem” is short and happy, while “The Weary Blues” is longer and lyrical. B) “Harlem” is short …

Which statement compares the masses of two subatomic particles

Asked by admin @ in Chemistry viewed by 313 persons

Which statement compares the masses of two subatomic particles?

The beginning balance on the monthly bank statement

Asked by maham237 @ in Business viewed by 329 persons

The beginning balance on the monthly bank statement for Aretha's checking account was $462.79, and the ending balance was $256.03. What can be said about Aretha's transactions for the month? …

How do you reconcile a bank statement in quickbooks online

Asked by admin @ in Mathematics viewed by 282 persons

Which 2 statements are correct regarding reconciling a bank account in QuickBooks Online? (Select all that apply) You can only undo a bank reconciliation via a link in the Accountant …

Difference between comparative and common size statement in tabular form

Asked by admin @ in Science viewed by 287 persons

Difference between comparative statements and common size statements

Gibson energy ltd bank reconciliation

Asked by maham237 @ in Business viewed by 391 persons

Gibson Energy Ltd.’s general ledger account for Cash in Bank showed the following at December 31, 2019: Cash in Bank Acct. No. 101 Balance DR (CR) Date Description Folio Debit …

Of the following employees who should prepare the bank reconciliation

Asked by maham237 @ in Business viewed by 343 persons

From the following particulars of Purple New Co., prepare the bank reconciliation statement as on May 31, 2016. a. The bank statement balance is $4,000. b. The cash account balance …

Which statement most accurately compares epic poetry and lyric poetry

Asked by admin @ in English viewed by 279 persons

Which statement most accurately compares a epic poem to a lyric poem? A.Epic poetry tells the stories of a community or nation, whereas lyric poetry is more personal B. Epic …

Which of the following statements correctly compares the functions of a plant's roots and stem?

Asked by maham237 @ in Biology viewed by 441 persons

Which of the following statements correctly compares the functions of a plant's roots and stem? The stem contains a high percentage of cells that provide structural support, unlike the roots. …

Overcoming fixed mindset: a step-by-step guide to cultivating a growth mindset

Asked by wiki @ in Health viewed by 1259 persons

Which of the following would best complete this list?

Asked by wiki @ in Social Studies viewed by 725 persons

Most viewed questions in Accountancy


Saregama ltd invited applications for issuing 80000 equity shares

Asked by admin @ in Accountancy viewed by 4403 persons


Leena madan and naresh were partners in a firm

Asked by admin @ in Accountancy viewed by 4283 persons


Business started with cash 8000 and plant & machinery 3000

Asked by admin @ in Accountancy viewed by 3967 persons



Difference between fixed installment method and diminishing balance method

Asked by admin @ in Accountancy viewed by 3487 persons


Which of the following will result in shareholders wealth maximization

Asked by admin @ in Accountancy viewed by 3261 persons


Loan taken from dena bank should be credited to

Asked by admin @ in Accountancy viewed by 3220 persons



Cash received from mohan journal entry

Asked by admin @ in Accountancy viewed by 3178 persons


To show the cheque number while reconciling bank accounts press

Asked by admin @ in Accountancy viewed by 3106 persons


The current investment are valued on closing date at

Asked by admin @ in Accountancy viewed by 3063 persons



Enter the following transaction in the journal of mudit

Asked by admin @ in Accountancy viewed by 3051 persons


The partners of a firm alia bhanu and chand

Asked by admin @ in Accountancy viewed by 3038 persons


The major decision areas in supply chain management are

Asked by admin @ in Accountancy viewed by 3035 persons



Alfa ltd invited applications for issuing 75000 equity shares

Asked by admin @ in Accountancy viewed by 3020 persons


A company whose accounting year is the calendar year

Asked by admin @ in Accountancy viewed by 2970 persons


Bookkeeping mainly concerns with which part of accounting process

Asked by admin @ in Accountancy viewed by 2962 persons