What is the purpose of preparing BRS? What are the uses?
Answers were Sorted based on User's Feedback
Answer / sandeep
for reconsiling the cash book and pass book entries
BRS will be prepared.
1) finds the diff.
2) errors will be deducted.
Is This Answer Correct ? | 11 Yes | 0 No |
Answer / ajay thakkar
brs is prepared to reconcile the difference in closing
balance of cash ledger and actual bank statement.
Is This Answer Correct ? | 5 Yes | 0 No |
Answer / kwaja
To know the actual difference between the cash book and pass book we prepare BRS
Is This Answer Correct ? | 0 Yes | 0 No |
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