Question
Which of the following would not affect bank
reconciliation?Solution
Bank reconciliation is a process that compares a company's financial records to its bank statement to ensure that the balances match. It involves matching the transactions recorded in the company's books, such as deposits, withdrawals, and payments, with those on the bank statement. Two broad terms cover up major challenges due to which differences may appear:
- Errors a bank or a business make
- Time difference in recording an entry like Cheques issued by the bank but not yet presented for payment, Cheques paid but not collected, direct debits made by bank, interests collected by bank, etc.
Name the Google computer program that defeated a professional GO player.
Which of the following folk dances is performed by the tribes of Araku Valley in Visakhapatnam District?
Which of the following are building blocks of proteins?
In which river has the National Waterways-2 (NW-2) been developed in India?
Which portal has been developed by RBI for unclaimed deposits? Â
A money in bank account is treated as Unclaimed money deposit after ___ years?Â
Phumdis, the floating islands are the unique features of which of the following lakes?
______ is reducing the degree or intensity of, or eliminating, pollution.
The Reserve Bank of India was nationalised on ________.Â
Which of the following countries can now use the Indian rupee to settle its trade with India in addition to other currencies, as per an announcement mad...