What is BRS?
Answers were Sorted based on User's Feedback
Answer / faiz khan
BRS means Bank Reconciliation Statement.It shows the
difference between cash book and pass book.It is a
measurement to get the difference between cah book and pass
book.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / s.tamil selvan
BRS is Bank Reconcilation statement helps to find out the
difference between the cash and pass book. which helps to
avoid the frauds and mistakes while accounting, BRS playing
a vital role in accounting
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / logesh
BANK RECONSALATION STATEMENT
BRS MEANS BANK RECONSILATION STATEMENT WHICH GIVES A CLEAR
PICTURE ABOUT THE DIFFERANCE BETWEEN PASS BOOK AND BANK AND
ACCOUNTS CASH BOOK WHICH HAS TO BE RECONSILED AND ANY FRAUD
CAN ALSO BE FOUND AND TRANSACTION ENTRY WITH BRS
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / nasir ayoubi
BRS is short form of Bank Reconciliation Statement.it shows differences between Cash book & Pass book. BRS rectify the problems (differences)in Cash book & Pass book.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sachin kharwar
BRS is statement which is prepared to
reconcile the bank balanceas per cb with
the balance as per pb.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / lata
BRS MEANS BANK RECONCILLIATION STATEMENT.BRS HAS TO PREPARED
FROM THE EXTRACT OF THE BANK BOOK AND PASS BOOK.
Is This Answer Correct ? | 7 Yes | 7 No |
Answer / rakesh
BRS MEANS THE STATEMENT SHOWING THE CAUSES OF DIFFERENCE
BETWEEN OUR BANK A/C AND BANK STATEMENT
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ramesh.meka
it is a statement reconciliating the balances as shown by
bank pass book and balance as shown in cash book.The main
objectiv of BRS is to know the diffrences and pass the
neccessary correcting,adjusting the entries in the book.
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Answer / nandhini.s
It is a statement showing the causes of differences between
bank balance as per cash book and pass book on any given
date are indicated.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / venkatesh
BANK RECONSILATION STATEMENT IS THE PREPARATION OF CASH
BOOK AND PASS BOOK TO KNOW THE ERRORS THEN IT WILL CORRECT
THAT STATEMENTS FOR CUSTOMER CLEARANCING PURPOSE AS WELL AS
BANKING SYESTEM FOR THE BELIVEMENT OF SOCIATY,PUBLIC,ETC...
Is This Answer Correct ? | 0 Yes | 0 No |
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