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.

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