Bank Reconciliation Interview Questions

September 1, 2017

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Remember, that zero should be the opening Balance. For post process FBEA should be used. All the steps together will lead to(FF67) Bank reconciliation statement will be led by all the steps together. 1. Transaction types should be …

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Sundry Creditors (credit purchase) Discount received (in case of discount) Cash A/c (cash sales) Sundry Debtors (credit sales) Discount paid (in case of discount) Sale A/c Bank reconciliation … and related the entire question based on …

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I have a friend who failed to secure an accounting job recently because he was not able to provide a simple explanation of what a bank reconciliation statement is in an interview … you to know how to prepare a bank reconciliation …

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25) What do you think is bank reconciliation statement? A reconciliation statement is prepared when the passbook balance differs from the cashbook balance. 26) Differentiate Public and Private Accounting? Public accounting is a type …

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