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what do you understand by BRS? why is the reconciliation done?

Answers were Sorted based on User's Feedback



what do you understand by BRS? why is the reconciliation done?..

Answer / deepa

bank reconciliation statement ,it is mainly used for reconcile the difference b/w cash book and bank passbook.

Is This Answer Correct ?    12 Yes 0 No

what do you understand by BRS? why is the reconciliation done?..

Answer / muneer mulla

BRS is the different between balance as bank statements and books of aacounts maintained by assessee.

Is This Answer Correct ?    1 Yes 0 No

what do you understand by BRS? why is the reconciliation done?..

Answer / vignesh

BRS is a verification accounting to avoid risk on banking
transaction

Is This Answer Correct ?    1 Yes 3 No

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