what do you understand by BRS? why is the reconciliation done?
Answers were Sorted based on User's Feedback
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 |
BRS is the different between balance as bank statements and books of aacounts maintained by assessee.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / vignesh
BRS is a verification accounting to avoid risk on banking
transaction
Is This Answer Correct ? | 1 Yes | 3 No |
what is difference between depriciation and depriciation reserve ? how to treat depriciation in the books of accounts
What do you mean by DP(Drawing Power)
can u tell me what is the process of calculating closing stock?
What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 on cash
maximum bank permissable finance
I have raised a Invoice of Rs. 78964 including service tax rs. 964 in month of April and service tax paid to Govt for April month/ We have voide this invoice in May'12 due to services cancelled by the customer, pls let me know can we adjust this paid service tax amount in our May service tax payable....and how to pass voide bill entry.....
How can i write off bad debt in tally erp9 ?
Tell me why some asset accounts have a credit balance?
Differentiate between provision and reserve?
general entry for credit purchases, credit sales, golden rules of accounting,what is contribution.
i know that preliminary expenses are fixed cost but current or non current
defference between capital assets and fixed assets