what is by brs?
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Answer / sneha
A bank reconciliation statement is a statement prepare to reconcile the difference between the balances as shown by bank account in the cash book and by the pass book on a particular day.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / kanakaiah
BRS Means Bank reconsilation Statement.
This is nothing but the closing balance of bank pass book
tally with our book. The cheque payment transaction made in
last day or during the month but it is cleared in next month.
we should reconcile the bank statememt
| Is This Answer Correct ? | 6 Yes | 7 No |
Answer / bipul anand
BRS stands for Bank Reconcilation Statement. We need to
prepare BRS when the total of Cash book and total of pass
book do not match together. Generally we make BRS at the
time of month close. There are some reason which cause the
diffrence come in our cash book.
1. Dedcuted bank charges by bank from our account.
2. Cheque issued but not present into bank.
3. Cheque represent by us but not cleared yet and not
credited into our account.
| Is This Answer Correct ? | 3 Yes | 4 No |
Answer / subbu
it means to compare the bank csah column and pass buk cash
column
| Is This Answer Correct ? | 2 Yes | 3 No |
Answer / sujata mohnata
A Bank reconciliation statement is a statement prepared to
disclose causes of difference between the balance shown by
cash book and pass book.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / surendhar
BRS is nothing but the statment use to check as per balance
pass book as well as balance as per cash book
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / guest
Bank Reconclation Statement, Diferent bitween the pass book
and pass book, Uncommon adjustment of cash book and pass book
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / suchitra
BRS menas its difference between cash book and pass book is called BRS. Why should prepare BRS Means to know where exactly difference is showing in pass book as well as cash book.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / birendra
It is a statement by which one can measure the difference between cash book &pass book after certain period of a time.
| Is This Answer Correct ? | 3 Yes | 6 No |
Answer / niranjan patro
BRS means Bank Reconsilation statement which is prepare for
verify and reconsile the statement,shown by pass book and
cash book on a certain date .
| Is This Answer Correct ? | 1 Yes | 4 No |
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