what is BRS? 12.Why is it used ?

Answer Posted / natesh

BRS MEANS BANK RECONCILIATION STATEMENT.

BRS MEANS IT IS A STATEMENT TO RECONCILE THE STATEMENT OF
THE BANK BALANCE AS PER THE CASH BOOK WITH THE BANK BALANCE
AS PER THE PASS BOOK.

THIS BRS WE CAN USE FOR KNOING THE OUTSTANDING AND PREPAIDS.

Is This Answer Correct ?    1 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Private purchases amounting to rs 5000 have been debited to purchases account

1167


What is the difference between a provisions and reserves?

688


What is finance lease? What are bonus Shares? entry for it. What is Depreciation? What is the Journal Entry? What is DPS? What is minority Interest? where it is shown?

2245


What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?

8275


what is loan operations and what are the complete process form from making customer to closure of loan

1747






What is a comprehensive income?

727


hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..

1686


What is the difference in accounting and marketing?

721


HI FRNDS THIS IS NARESH I DONE MBA (FINANCE)IN 2011. AND I DID COMPLETE SAP FICO.I WANT TO DO START CAREER WITH SAP FICO PLZ TELL ME PLZ HAVE ANY INTERVIEW AS FRESHER IN HYD OR PLZ SEND THIS MAIL...NAINALA.NARESH@GMAIL.COM

2046


In South Africa , the current rate for value added tax is ?

1286


under which head should be the p & l appropriation a/c should be opened in tally 9? and how to preapare and display it?

1662


Tell me different branches of accounting?

729


In which book we can learn in detail of closing stock valuation. And if any site is available kindly help.

1496


What is capital adequacy ratio? What is demat account?

768


As an importer of goods through letter of credit, (payment is done through indian bank to foreign back), my question is who is liable to pay with holding tax when the payment is remitted to foreign bank, whether the buyer(importer) or the seller and why?

1567