what is BRS
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 |
Post New Answer View All Answers
Short answer on _______Amendment
Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it
Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
I want to know that if i get call from Mumbai Circle in SBI. what does it mean where will be my posting and my job profile, will i get accomodation from bank or not.
What are motive behind mergers And acquisitions?
What do you mean by Green-shoe option?
What is the due date for filing monthly & annual sales tax returns in karanataka
is it necessasary to make a partnership deed
What is Financial planning?
barwaha
Paid vehicle insurance of Rs 12000 on 1-1-2009. Pass entry at the of payment and also create prepaid insurance account
Short Answer on ________Adjusting Entries
Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000
How i pass the share holders capital entry in Tally? How to set this option in Tally?
Short answer on Allowances