What do you mean by Bank Reconciliation Statement(BRS)?

Answer Posted / rajesh

BRS ( bank reconciliation statement )is nothing but just
verify both the cash book and bank book whether all entries
made correctly or not

Is This Answer Correct ?    31 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Which accounting applications are your familiar with?

605


what is groups and and ledgers in tally can you give why we need to prepare them

2088


how to calculate basic to gross salary

1527


Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.

2045


what accounts payable applications are your familiar with?

736






example wrongly financial statments showing vat refund (under Advances) for the finanical year 08-09 , but present assement year after assement by cto given vat refund more than ledger showing balance then decided to every month set off vat payable to vat refund(advance) but more than recoverd compare with company and cto then what is the entry to be take.

1741


What is vendor?

674


What is mean by working capital?

644


Do you know what is double-entry accounting? Explain with an example?

600


WHAT IS CORE ACCOUNTING, GROUP CONSOLIDATION ? CONSOLIDATED ENTRY. COULD YOU GIVE ME AN EXAMPLE

13480


i want to wearies heads under direct expenses and indirect expenses

1522


what is opening stock formula?

993


6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?

1562


Define balancing in accounting?

566


HOW DOES THE ROLE OF THE MANAGEMENT ACCOUNTANT COMPLIMENT THAT OF THE FINANCIAL ACCOUNTANT

1523