Limitations of Trial Balance
Accounting

Limitations of Trial Balance

Limitations of trial balance Though the trial balance facilitates to make sure the mathematical accurateness of the books of accounts, it is potential only when…
Format of Trial Balance
Accounting

Format of Trial Balance

Format of Trial Balance Trial balance is a statement which shows debit balances and credit balances of all accounts in the ledger. Since, every debit…
Methods of Trial Balance
Accounting

Methods of Trial Balance

Methods of Trial Balance Trial balance is a statement which shows debit balances and credit balances of all accounts in the ledger. Since, every debit…
Objectives and Advantages of Trial Balance
Accounting

Objectives and Advantages of Trial Balance

A Trial Balance is a statement that shows the total debit and total credit balances of accounts. It is like a bookkeeping worksheet the company…
Trial Balance
Accounting

Trial Balance

The trial balance is an account which shows debit balances and credit balances of all accounts in the ledger. It is a statement of all…
What is Bank Overdraft?
Accounting

What is Bank Overdraft?

Bank Overdraft Bank overdraft is an amount drawn over and above the definite balance kept in the bank account. It is happen when an individual…
Format of Bank Reconciliation Statement
Accounting

Format of Bank Reconciliation Statement

The format of Bank Reconciliation Statement ‘Bank reconciliation statement is a catalog in which a variety of substance that reason a dissimilarity between bank balance…
Amounts Debited by the Banker in the Pass Book – Effects
Accounting

Amounts Debited by the Banker in the Pass Book – Effects

Amounts debited by the banker in the pass book without the immediate knowledge of the customer The following are some of the examples for this.…
Amount Credited by the Banker in the Pass Book – Effects
Accounting

Amount Credited by the Banker in the Pass Book – Effects

The amount credited by the banker in the pass book without the immediate knowledge of the customer The following are several of the examples for…
Importance of Bank Reconciliation Statement
Accounting

Importance of Bank Reconciliation Statement

Need and Importance of Bank reconciliation statement ‘Bank reconciliation statement is a list in which the various items that cause a dissimilarity between bank balance…
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