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Answer Posted / lakshika jain
BRS is the statement which is prepared at the end of the every month to reconcile the difference between passbook and cashbook on the particular date.In other words we can say that at the end of the month entries in the cashbook are compared with the entries of passbook,The causes of differences in balances of both the books are scrutinized and then reconcilation statement is prepared.
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Please send me rbi previous exam paper with ans for group B at aparna_majumder@ymail.com
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