what is BRS? 12.Why is it used ?

Answer Posted / jubeda

BRS MEANS BANK RECONCILIATION STATEMENT. IT IS USED TO
RECONCILE THE PASS BOOK AND CASH BOOK SO THAT THE ACCOUNTS
IS PROPERLY MAINTAINED AND WE GET TO KNOW THE OUTSATNDINGS
AND PREPAIDS.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Cheque rs 1400 received from Charles in settlement of a debit of rs 1500 returned dishonored

558


what will be the entry for inventory

1613


if any otion in tallyerp9 version about doing Luxury tax work

1679


How is the accounting for hire purchase transactions done?

639


TDS %AGE ON CALLIBRATION CHARGES BILL

1501






What are the disadvantages of manual accounting?

635


what is the relationship between bookkeeping and accounting?

616


Please let me know Under head of Sales Advance?

1523


What is accounting period?

636


Hi,Friends, I have a simple question in my mind that I have one head office that in faridabad and other branch in delhi,i purchase material in delhi for availing the tax benefit in delhi then i transfer the same material to head office(faribabad) agianst "F" form,i purchased material in delhi basic price rs. 5 +.42 taxes it comes rs. 5.42/-,my question is on which amount i should transfer the material from delhi to faridabad i.e 5,5.42 or 5 + freight(if any).kindly please solve my problem.

1326


How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.

11479


What is cash flow and fund flow?

634


pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.

1555


Why do you want to be an accountant?

639


Describe yourself briefly why you are outstanding for this post "Finance Coordinator"?

1795