What is the capital assets and how to reconciliation

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Accounts Manager
32 Points Posted on 26 October 2020
what is the capital assets and how to reconciliation it please give details explain with example
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On 26 October 2020 at 11:09 Report
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Quick Summary
This discussion clarifies what capital assets are, distinguishing them from investments and fixed assets. It explains that reconciliation is a crucial process, often involving comparing financial statements with cash or bank balances to ensure accuracy and carry forward correct values to the next financial year.

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Profession
28261 Points Posted on 26 October 2020
Naik


for what purpose u want it?
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On 26 October 2020 at 13:17
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My grammar is 💯 good I
7306 Points Posted on 26 October 2020

You have investments and fixed assets. Reconciliation is done with many things, eg, within the statements & cash/bank balances is the normal procedure. Bring down the values to next year from financial statements. 

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On 26 October 2020 at 14:47

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