What do you mean by balance sheet reconciliation could you explain briefly?

AnswerBot
1y

Balance sheet reconciliation is the process of comparing and adjusting the balances of assets, liabilities, and equity accounts to ensure accuracy and completeness.

  • Balance sheet reconciliation involve...read more

Ujala Rani
41m
Balance sheet reconciliation is a process where we ensure that all the accounts in the balance sheet are accurate by comparing them with external records like bank statements. It’s crucial for identif...read more
Hakim Singh
3mo
Balance sheet reconciliation is the process of comparing and adjusting the balances of assets, liabilities, and equity accounts to ensure accuracy and completeness. Balance sheet reconciliation involv...read more
Sanjeev Kumar Sharma
4mo
Balance sheet mostly used bank and finance company detail about cash in company amount show the company balance sheet company
Sanjeev Kumar Sharma
4mo
Balance sheet show amount cash detail
Anjali Tyagi
4mo
the process that ensures the accuracy of a company's financial statements.
Anonymous
4mo
Balance sheet shows our assets and liabilities
Vaishnavi Kalbande
5mo
Balance sheet showing our yearly profit and loss
Veltoori Shiva
7mo
Balance sheet is nothing but in the year ending as the company or organisation will shows the profits and loss to know the financial position of the company
spurgeon adla
9mo
currently not working
Balance sheet is showing the profit and the loss of the company and business organisation
Mohd Sufiyan
1y
Balance sheet is showing the loss and profit, expenses and liabilities per year. Information of business development.This gives us information about the business development.
ilavelpula lokeswara Rao
1y
balance sheet reconciliation its showing on financial position of a business organisation ensure the capital,assets, liabilities is apper the personal and real account nature the effective balance she...read more
Loving Chiru
1y

Adjustment of assets & Liabilities of Balance sheet of a company

Shahinaz kausher
1y

Balance sheet reconciliation is the process of comparing and adjusting the balances of assets, liabilities, and equity accounts to ensure accuracy and completeness.

  • Balance sheet reconciliation involve...read more

KALAVKURI Sailaja
1y

Balance sheet reconciliation is the process of closing balances of all individual company accounts that are a part of the company's balance sheet. This is done by businesses to ensure that the company...read more

MOHAMMED ALEEM
1y

Balance sheet reconciliation is a process of in which all balances of individual account as part of balance sheet. This process ensures that all account are documented properly before every financial ...read more

Yugal Thulung
1y
currently not working (unverified)

Balance sheet reconciliation is the process that verifies the accuracy and consistency of a financial statement.

ashish soni
1y

Hi basically balance sheet reconciliation meaning matching your AP with AR.

Prem chand sani
1y

BalanceBalance sheet reconiliation is the process of campaning and adjusting the balance of assets and liabilities and equity account to ensure accuracy and compleyenese

KOKKIRI SATYANARAYANA
1y

Balance sheet reconciliation is the process of closing balances of all individual company accounts that are a part of the company's balance sheet. This is done by businesses to ensure that the company...read more

Manisha
1y

Balance sheet reconciliation can be defined as a process of verifying the accuracy of information presented in the balance sheet. It includes cross-checking the closing balance of all the components o...read more

Anonymous
1y

Balance sheet reconciliation is the process of closing balances of all individual company accounts that are a part of the company's balance sheet. This is done by businesses to ensure that the company...read more

Sanidhay Anand
1y

To begin with start with previous years closing balance and see if they are carry forward at correct amounts.chck all bank a.c and fd's with bank documents. For o/s liab check for balance with tax aut...read more

Anonymous
1y

A balance sheet is a financial statement for use the company contains details.

Raman Yadav
1y

A balance sheet is a financial statement. For use the company contains details.

Gaurav Jha
1y

Balance sheet reconciliation is the process of closing balances of all individual company accounts that are a part of the company's balance sheet. This is done by businesses to ensure that the company...read more

Anonymous
1y

To do a ledger sheet reconciliation, first, the closing balance of all assets and liabilities needs to be determined. Next, the net balance of all assets and liabilities is determined. The final step ...read more

Md Aaqib
1y

Balance sheet reconciliation can be defined as a process of verifying the accuracy of information presented in the balance sheet

Salma Hawaldar
1y

Reconciliation is the process of closing balance of all individuals company account that r the part of the company s balance sheet

yellanki renuka
1y

Balance sheet reconciliation can be defined as a process verifying the accuracy of information presented in the balance sheet it includes cross -cheeking the closing balance of all the components of t...read more

Shweta Sahu
1y

Balance sheet reconciliation is the process of closing of all individual company accounts that are a part of the company's balance sheet

Pujitha Puchakayala
1y

Balance sheet reconciliation is the process of closing balances of all individual company accounts that are a part of the company's balance sheet. This is done by businesses to ensure that the company...read more

Anonymous
1y

Balance sheet reconciliation can be defined as a process of verifying the accuracy of information presented in the balance sheet. It includes cross-checking the closing balance of all the components o...read more

Anup Rawat
1y

Balance sheet reconciliation can be defined as a process of verifying the accuracy of information presented in the balance sheet. It includes cross-checking the closing balance of all the components o...read more

VINAY YDV
1y

Balance sheet reconciliation is the process of closing balances of all individual company accounts that are a part of the company's balance sheet. This is done by businesses to ensure that the company...read more

Kishan Kumar
1y

Balance sheet reconciliation is the process of closing balances of all individual company accounts that are a part of the company's balance sheet. This is done by businesses to ensure that the company...read more

Anonymous
1y

Focus on concept clarity.If interviewer ask you meaning of one of the concept then try to give proper definition with 1 example & give accounting treatment of the same

Anonymous
1y

Balance sheet reconciliation is the process of closing balances of all individual company accounts that are a part of the companys balance sheet. This is done by businesses to ensure that the company ...read more

P&K Channel
1y

Movement explanation from previous month to current month.. It also providing the substantiation for the balance of GL account in this we have to check accuracy and validity through GL accounts throug...read more

Vivek
1y

Balance sheet reconciliation is the process of closing balances of all individual company accounts that are a part of the company's balance sheet. This is done by businesses to ensure that the company...read more

Kalyan Kalyan
1y

Balance sheet reconciliation is the process of closing balances of all individual company accounts that are a part of the company's balance sheet. This is done by businesses to ensure that the company...read more

Gurdeep Singh
1y

Balance sheet reconcilation means accounts which are associated to balance sheet like Bank, Assets, Debtors, Accounts Payables are all Balance sheet reconciliations.

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