Introduction of the term Bank Reconciliation Statement
Provide a brief introduction of the term Bank Reconciliation Statement?
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Bank Reconciliation Statement is a statement made to settle the balances of cash book managed by the concern and pass book managed by the bank at periodical intervals. At the ending of each month entries in the cash book are contrasted with the entries in the pass book. The causes of differentiations in balances of both the books are scrutinized and then reconciliation statement is made.
Write down the advantages of having conceptual framework.
Accounting Theory 7edition, by Godfrey J., Hodgson A., Tarca A., Hamilton J., and Holmes S. Chapter 2: Theory in Action 2.2 “Normative Theories of Investment” Chapter 3: Theory in Action 3.1 “Companies should come clean on the value of leases on their books” Chapter 5: Theory in A
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Write down the methods which are available for valuation of capital expenditure proposals?
Rs. Sales 2,40,000 Variable costs 1,44,000 Fixed costs 26,000 Profit before tax 70,000 Rate of tax 40% Firm is proposing to buy the new plant that could generate extra annual profit of Rs. 10,000. The fixed cost of new plant is expected to Rs. 4000. New plant would increase sales volume by Rs. 40,00
Specify the reason to choose the A-levels?
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