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What is BRS?
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Answer Posted / vidhya
BRS is a Bank Reconciliation Statement. It is prepared to
reconcile the bank pass book with the company's bank book.
It is usually prepared by the company at it's month end.
It gives the clear picture of all the cheques issued but
not cleared and the cheques deposited but not realised.
| Is This Answer Correct ? | 6 Yes | 5 No |
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