Answered Questions

  • What is meant by Finalization of Accounts?

    sindhuja

    • Dec 8th, 2014

    All Accounting Ledgers in mentioned period reconcile &
    After that finalize Trading & Profit & loss A/c &
    Balance sheet called finalization of accounts.
    Finalization of Accounting entries like Provision of Expenses, Depreciation etc

    sohail

    • Oct 11th, 2014

    Somebody explain me process of A/C finalization

  • Debtors Reconciliation

    What is meant by Debtors Reconciliation. Explain in detail about it

    Subhajit Dutta

    • Sep 5th, 2015

    Please help to get Debtor Ledger reconciliation details with a example (ledger copies)

    JANINE BARR

    • Oct 31st, 2011

    A debtors reconciliation is to ensure that the balance brought forward and the closing balance tally. Reconcili payment and invoices