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what is BRS
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Answer / p.v.prasannakumar
BANK RECONCILATION STATEMENT is used only changes between cash
book and passbook incresed decreases show the a/c holders.
| Is This Answer Correct ? | 5 Yes | 5 No |
Answer / ms. rajkumar
BANK RECONCILISATION STATEMENT.,(BRS) ITS USED FOR
DIFFERENT COMPANY CASH BOOK BALANCE AND BANK BALANCE
VERIFIED FOR BRS STATEMENT REPORT., ALL DETAILS VERIFIED
BANK BOOK AND COMPANY BOOK ITS CALLED A BANK
RECONCILICATION STATEMNT.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / harigopal
A bank reconciliation statement is a statement where in the
causes responsible for the difference between the cash book
balance and the pass book balance(as per bank balance) is
ascertained and suitable adjustments are made thereon so
that the balance of both the books are reconciled or agreed
with each other.
A bank reconciliation statement can be started either with a
cash book balance or with a pass book balance.
Reasons for difference
1. Deposits made by the third party directly to the bank.
2. Cheque deposited by into the bank but not yet cleared.
3. Interest & charges debited or credited by bank.
4. Cheque issued but not presented for payment by the third
party.BRS is stand for Bank Reconcilisation Statement, it is used
to know the difference balances shown by the traders cash
book balance and bankers pass book balance
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / mohan
brs is one type of cash transacsion.and bank transaction?
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / siddart
brs is one cash transaction and bank transction?
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / avisek chatterjee
B R S means bank reconciliation statment it prepare by compuny to know the diffarence between pass book and cash book
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / shaik bajivali
BANK RECONSILIATION STATEMENT . IT IS RECTIFING THE
MISTAKES OF BANK TRANSACTIONS.
| Is This Answer Correct ? | 12 Yes | 19 No |
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