WHAT DO YOU MEAN BY BRS. PLS TELL ME URGENT

Answers were Sorted based on User's Feedback



WHAT DO YOU MEAN BY BRS. PLS TELL ME URGENT..

Answer / atul

BRS means Bank Reconciliation Statement. By preparing BRS we
solve the purpose of making reconciliation between our bank
pass book and cash book this helps us to attain knowledge
about our bank transactions.For ex- how many transaction has
completed and how many transaction still pending with bank in
relation to our cash book.

Is This Answer Correct ?    6 Yes 2 No

WHAT DO YOU MEAN BY BRS. PLS TELL ME URGENT..

Answer / lohith

BRS means Bank Reconciliation statement. it is prepared to
know bank balance as per cash book and bank balance as per
the pass book. also tallying the both cash book and pass
book for the entries missed in the both books.

Is This Answer Correct ?    2 Yes 1 No

WHAT DO YOU MEAN BY BRS. PLS TELL ME URGENT..

Answer / ravindra sahu

brs is reconciliation of bank statement & bank book.

Is This Answer Correct ?    1 Yes 1 No

Post New Answer

More Accounting General Interview Questions

SHADOW BALANCE SHEET

1 Answers   HCL,


hi...this is chaitanya fresh bcom computer graduate i need job in finance feild will i get in genpact, deloitte, bank of america, or any other mnc...?

0 Answers  


What are accounting rules called?

0 Answers  


How do you add/remove a payment block for particular invoice ?

0 Answers  


how to make dd payment entry of insurance of rs 34755 dd made by cash

4 Answers  






what is an ideal organisation

0 Answers   Thomson Reuters,


What are the features of financial accounting?

0 Answers  


The main objective of preparing a 'journal' is

2 Answers   Tech Mahindra,


Company purchase software what is the journal entry or software a/c under which department in tally

1 Answers   Godrej,


What is standing order

1 Answers   Capital IQ,


bookkeeping, and accountancy,purchase procedure , Educational institutions ;, secretarial practices, Administratire and Academic rules and regulations in Government offices, Academic institutional , computer skils. etc

0 Answers  


1. If i receive one invoice from our contractor on 01.08.10 , but the invoice date 30.07.10. My question is in what date i should take into account this transcation (i.e 30.07. Or 01.08.10) 2. If i receive a cheque from our customer on 30.08.10 but its not possible to deposit in the same date, because of closing of bank hours, it is possible only to deposit the cheque on next day only. In this case which date i should taken for account the transcation.

3 Answers  


Categories