Answer / srinivas

brs means it is the balance are equlas to the bank pass
book and bank pass book.

Answer / prasant kumar

Bank reconciliation statement is a statement which clearly explains how the bank statements can be made to agree with the company's ledger(differences between the bank balance as per cash book and the bank balance as per pass book on a particular date, it can be prepared weekly, monthly, or quarterly depending upon the number of transaction.

Answer / maruthi

Brs means rectification of error in cash book and pass book

Answer / misbah

BRS is a statement which states the reasons of the
difference between the cash book ans pass book i.e.,Cheque
deposited but not realised and Cheque issued but not
deposited for payment etc.Both of them have impact in the
cash book but none of them have impact in the pass book.

Answer / monika jha

A STATEMENT WHICH SHOWS THE DIFFERENCE BETWEEN CASH BOOK AND PASS BOOK.

Answer / senthilkumar

BRS Means Bank reconsilation Statement.
it identifies the differences between the Bank book and pass
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 .

Answer / mahesh

Bank reconciliation statement is a statement which helps to know is there any differences between bank pass book or bank column of the cashbook. it helps us to remove the differences if any (which caused by mistake or dishonor of checks) by doing required adjustment.

Answer / zubair

BANK RECONCILIATION STATEMENT CONTAINS A COMPLETE
EXPLANATION REGARDING THE DIFFERENCE BETWEEN THE CASH BOOK
AND THE BANK STATEMENT. IT IS USED BY ALLMOST ALL BUSINESS
ORGANISATIONS BECAUSE IT IS THE IMPORTANT INTERNAL CONTROL
MECHANISAM OF CASH INFLOW AND CASH OUTFLOW

Answer / jithender

some times bank balance is
shown in cash book does't tally
with bank poss book reconsiled
these balancess the brs is
prepaired
Is dis correct..............?

Answer / sreekanth

BRS is a statement shows the difference between Bank pass
book and cash book for particular period of time.

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