What is Bank errors
What is Bank errors. Briefly define it with respect to Accountancy?
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Bank errors are such mistakes that are completed by bank. At the time of bank reconciliation, accountant must also comprise as one reason of not matching cash book with the bank statement.
WHAT IS REDUMPTION? AND WHAT ARE THE CONDITIONS?
Accounts Payable: It is an accounting entry which symbolizes an entity's obligation to pay off a short-term debt to its creditors. Accounts payable entry is found on balance sheet beneath the heading current liabilities. Accounts payable are frequentl
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Capital: In easy word, capital signifies the amount or asset that is invested in business by businessman or owner of business. Whenever the business is closed, after paying exterior creditors, balance amount will be his capital that he can attain.
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