Answer / artham santosh kumar guptha

It is a statement reconciling the balance as shown by the bank pass book and the balance as shown by the Cash Book. Obj: to know the difference & pass necessary correcting, adjusting entries in the books.

Answer / uday

BRS- is nothing but bank reconciliation statement, it is used to check the bank balance as per pass book and the balance as per the cash book....

Eg: If a person deposits sum amount of money in the bank without an entry in the pass book but entered only in the cash book. Dose the difference arises and to over come this problem BRS is used
Helpful Not helpful

Answer / srinivas

it is a statement reconciling the balance as shown by bank pass book , balance as shown by cash book Objective is to know the differences and pass the necessary correcting and adjusting entries in the respective books of ledgers .

Answer / basithredy

BRS mean cross verification of bank book and cash book.

Answer / mohan

brs stand for Bank Reconciliation Statment it is statment
of account holders transation and diffrence of pass book
and bank book rectify the balance.(It is statment of all
transtionwith bank of account holders)

Answer / rajesh

BRS adjusting the book account with the help of double cash book bank collumn and equalizing double cash book cash collumn

Answer / narendra reddy

BRS is Bank Reconciliation Statement.
the different between cash book and bank book

Answer / suvarna ramesh machhi

THE PROCESS OF ADJUSTING AN A/C BALANCE REPORTED BY A BANK
TO REFLECT TRANSACTIONS THAT HAVE OCCURRED SINCE THE
REPORTING DATE.

Answer / naresh

brs is ststemnt it prepared by the customer on aparticular date/year ending. the main objective of the brs to know the difference b/w bank balence as per cash book and bank balence as per pass book...

Answer / kiran

BRS Means Bank reconciliation statement

Who is co-operative bank regulator?

0 Answers   Nabard,

What is 'corporation tax'?

0 Answers  

How will your professional knowledge help in banking career?

0 Answers   State Bank Of India SBI,

What is the main difference between cash-based and accrual accounting?

0 Answers  

Name some acts governing Banking Operations?

0 Answers   RBI,

When should banks not pay the cheque?

0 Answers  

What is a letter of demand?

0 Answers  

Which is higher - the cost of equity or the cost of debt, and why?

0 Answers   State Bank Of India SBI,

What are the indicators of good shgs (self help groups)?

0 Answers  

What are current liabilities and provisions?

0 Answers  

hi Im Vinuta... I have been studing in MBA 4th sem and i have a 4 months project to do, im intersted to do a project in Life Insurance, plz help me to find out a suitable topic to do, where in i will be able to gain knowledge and worth of doing it....i have been doing a project in Artha Money...plzz help me out !!!!

1 Answers  

What is the RRB that comes under SBI?

0 Answers   State Bank Of India SBI,