Interested to Buy Any Domain ? << Click Here >> for more details...
what is bank reconciliation statement
- 16 Answers
- 22251 Views
- Genpact, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / bharat bhushan sachdeva
Bank Reconciliation statement is a statement prepared on a
particular date to reconcile the difference between the
balances shown by bank pass book and Bank column of cash
book and after finding those causes for the differences
between the balances of both the books these balances are
eliminated to maintain proper records.
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / dattatreya
it is a statement containing add and less....it is prepared
to show the difference between pass book and cash book.
it has overdraft, favourable and unfavourable methods.
| Is This Answer Correct ? | 9 Yes | 4 No |
Answer / manoj moolya
BRS is to reconcile the balance between bank column cash
book with pass books i.e customer account.This statement is
prepared every month.
| Is This Answer Correct ? | 6 Yes | 2 No |
Answer / kartikk.050
BRS IS STATEMENT PREPARED TO RECONCIL THE BANK BALANCE AS
PER THE CASH BOOK WITH THE BANK BALANCE AS PER THE PASS BOOK
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / pavan kumar bpm
Bank Reconcilation Statements are prepared on daily,
monthly, quarterly as per the organisation requirment for
analysis of cash flow in the organisation.
Bank reconcilation is done between bank statement and cash
book statement to assertain the differences between both as
on particular date.
differences might be 1)Bank charges 2) cheque issued but
not cleared 3)cheque deposited but not cleared 4)intrest on
savings account 5)ECS receipts and payments.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / arun kumar gupta
Bank Reconcilation is a statement by which we can come to
know the reason of amount difference between to Accounts
(may be bank & Pass book or debtors/Creditors & Our account)
as on a specific date for a specific period
| Is This Answer Correct ? | 5 Yes | 3 No |
Answer / richard maina
It is the statement prepared to reconcile the differences
between bank column in cashbook and bank column in
statement prepared by bank relating to a particular period
in time.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / sarvesham
BRS is a statement which contains a complete and
satisfactory explanation of the differences in balance as
per the cash book and bank statement(pass book)
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / saket panihar
Bank Reconciliation Statement is a statement prepared mainly to reconcile the difference between the bank balance shown by cash book and pass book.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / chandu
brs is statement, the statement which gives complete and satisfactory explanation between pass book and bank book balances.
| Is This Answer Correct ? | 0 Yes | 0 No |
Difference between single and double entry?
can anyone give the journal entry with the amount 10 tv bought in the business for 1000 each, out of which one is installed.
34 Answers Capital IQ, Genpact,
Expand ------UPCC
give journal entries for the following jan-1 started business with cash 50000 & loan 80000
what is Contra Entry?
EXPAND___________LIDCAP
Raju put labour charges bill for Rs 65000/- You are directed to deduct 5% security deposit and 1.15% TDS from the bill. Pass journal entry for it
The following are details of an invoice from a foreign supplier of goods: 20 pieces of item X @ $ 20 per piece $ 400 20 pieces of item Y @ $ 5 per piece 100 Shippingcharges 40 Discount -80 Total $ 460 Total cost of above shipment of goods is Dh 2,300 which is made up of Dh. 2,070 representing cost of transferring the above invoice amount of $460 and the balance of Dh 230 represents other direct costs You are required to calculate the landed cost in Dirhams for ONE PIECE of item X.
Expand A C H
Are you sure MBA Finance Demand in market if yes why and if you study a distance couse so my question is destance education is a valed for big company and small company
what is debtors?
What is the rule on a school who will be handled by anither school? How do I calculate the royalty per year to the school who will supervise a new school
Audit 
