what is by brs?
Answers were Sorted based on User's Feedback
Answer / deepa rajesh
Bank Reconciliation statement(BRS) is the statement which
shows the various reasons for the difference in closing
balances between the pass book which is maintained by the
banker and the bank column of cash book which is maintained
by the accountant of a concern on a particular day.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ramanujan
BRS means bank reconsilaton statement, it prepared for know the difference between bank book and cash book
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / xxxxx
BRS is nothing but the statement which shows the total balance of cash book equal to the pass book or vice versa or difference between pass book and cash book. it is classified as ordinary balance and overdraft balance.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / kasireddy
is prepared by the customer it is prepaid periodically usually at the end of month.it enable the customer to check the accuracy of entries made in cash book & pass book.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / suresh
What is BRS?
BRS (Bank reconciliation statement) is a process of comparing statement with pass book and the cash book, normally we see this process when we issue cheque. In general difference between pass book n the cash book..
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / pragti syal
Bank reconciliation statement is a statement prepared mainly to reconcile the difference between the bank balance shown by the cash book and bank pass book
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / shyam
what is brs?
brs is a statement it is prepared to equalise the cashbook balance to passbook balance.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / rajender
Brs shows difference b/w the bank book and cash book
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / venkatesh(icici)
BRS stands for bank reconciliation statement. This is nothing but the statement showes the closing balance of pass book and cash book. The cheque payment transaction made in previous day or during the week or month but the cheque cleared in next month and we should recognize the bank statement...
| Is This Answer Correct ? | 0 Yes | 0 No |
Treatment of P&L A/c balance(either profit or loss)??
How often is the stock market ticker updated? 15sec? 30sec?
what is the Journal entry for Salaries outstanding? Giv an example.
27 Answers ACS, Apple, Cognizant, Genpact, HSBC, Infosys,
How many stock exchanges in India
Expand---------MDRT
If my company have only 10 lakhs capital, shall we get the contract amount more than this capital..? or any limit to get the contract price? and is there any relationship between capital amount and contract amount?
what is the procedure for obtaining a certificate for exemption from TDS where my income slab is not taxable..
what is exact difference between copy rights and patent rights?
What is Fund Management & Project Finance
Why we do provisions?
why share issued over the par value? or why issue share by share premium?
what is meant by search report of the company n why is it prepared?