What is BRS ?How do you prepare the BRS?
Answers were Sorted based on User's Feedback
Answer / nishant gupta
it is acronym of bank reconciliation statement which
prepared for reconciling balance as per cash book and pass book.
Is This Answer Correct ? | 11 Yes | 0 No |
Answer / rakesh kumar prasad
BRS stands for Bank Reconciliation Statement. it is a process
of comparing and matching the figures of accounting records
against the statement shown in the bank statement.BRS is
prepared in the favour of both cash book (debit and credit
balance) and pass book (debit and credit balance).
Is This Answer Correct ? | 8 Yes | 1 No |
Answer / prasad r. bhosale
The statement which is prepared for to find out the
difference between bank book and bank statement is called
as bank reconciliation statment.
principally there is four types of preparing the bank
reconciliation statement depends on the balance of bank
book or bank statement that is Dr. Balance of bank book or
bank statement and Cr. Balance of bank book or bank
statement......is getting effected to addition or
subtracting in statement.
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / surabhi gupta
Bank Reconciliation Statement, it is prepared to reconcile
the difference between Cash book & Pass Book balances.
Is This Answer Correct ? | 5 Yes | 1 No |
Answer / shruthi h
BRS- Bank Reconsilation Statement
By this statement we come to know the differece Between
pass book Balance and Bank statement.
By comparing the pass book and Bank statement we will
prepare the Bank Reconsilation Statement
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / nagu
we find difference between the bank book and bank statement
Is This Answer Correct ? | 2 Yes | 3 No |
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