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what is BRS
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Answer Posted / krishna murthy k.s.
Bank Reconciliation statement refers to the comparing 2
books of accounts viz, Bank book & Bank Statement at any
given date or end of the month.
It gives clarify about chqs deposited but not realised,
cheques issued but not presented, debits not accounted by
us and bank deposits (credits) not accounted by us, upon
reconciling the books.
With the above basic concept, there are many ways of
reconcilation of BRS according to the Operating system of
Computer accounting.
| Is This Answer Correct ? | 26 Yes | 6 No |
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