Answered Questions

  • Stale Cheque

    What is meaning of Stale Cheque?

    Zee

    • Apr 19th, 2015

    Cheque is valid for 3 months Older the current date "current delegation". So before 3 months dated cheque is stale.

    Kuldeep Shaw

    • Jan 10th, 2015

    The above two answers are not up to date.
    Currently a cheque is valid for only 3 months from the date of signing it.
    after that it will be considered stale and will not be eligible for encashment at the counter.

  • What is deferred account?

    snmudhol

    • Jun 5th, 2008

    Any incomes or expenses which are received or incurred during the financial year but not yet earned or benefit received those receipts or payments are charged to this account instead of charging it to...

  • What is bank reconcillation statement ?

    favas pakkada

    • Jul 8th, 2017

    A bank reconciliation statement is a summary of banking and business activity that reconciles an entitys bank account with its financial records. The statement outlines the deposits, withdrawals, and other activity impacting a bank account for a specific period

    rajesh

    • Jun 28th, 2017

    It is a statement which shows difference between passbook and cashbook