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Cash Balance as per RP and BS
Is cash balance as per Receipts and Payments Account match with Cash Balance as per Balance Sheet ?
Replies (8)
Dint get your que.
In receipts and payments account , there will be opening cash and bank balance and also closing cash and balances.
Will it match with the balance sheet values of Cash and bank balance ?
Will it match with the balance sheet values of Cash and bank balance ?
Closing cash and bank balance in receipts and payments should match with cash and bank balance in balance sheet
Receipts and Payments Account takes only Actual receipts and payments only .
It may not consider Contra vouchers .
Where as Cash ledger takes all entries which will appear in balance sheet
It may not consider Contra vouchers .
Where as Cash ledger takes all entries which will appear in balance sheet
It should match with balance sheet figures
Will the contra voucher has the effect on receipts and payments account?
Contra vouchers also effect the receipts and payments account
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Are the banks allowed to share contact details of customers to outsiders ?
Banks sharing contact details to outsiders
Are the banks allowed to share contact details of customers to outsiders ?
Banks sharing contact details to outsiders
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