chapter bank reconciliation statement chapter overview 1 services activities of a bank 2 bank pass book and its relationship with cash book 3 bank reconciliation statement 4 reasons for difference ...
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...Chapter bank reconciliation statement overview services activities of a pass book and its relationship with cash reasons for difference between procedure preparing acceptance deposits banks accept various like term fixed current deposit recurring etc loans lending money is the major revenue earning activity e g machinery loan building vehicle personal discounting process by which enables customer to receive before due date in consideration small charge called discount bills hundi pro note overdraft allows overdrafts good customers so that they can make payment even when do not have sufficient balance their account at guarantee furnishes securities or whose credit charges commission this service letter issue facilitate commerce lc facility used businessmen payments suppliers standing instructions as per on his behalf makes parties telephone insurance premium card dues demand draft based s request also banker cheque pay order some cases travellers frequent travelers avoid risk carrying b...