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What is BRS? Why BRS?

Answer Posted / lxmi1972

BRS- Bank Reconciliation Statement

Why BRS?---This is a reconciliation statement prepared by
comparing the transactions posted in the Bank Book and
Bank. By doing this, open items can be found and fixed
accordingly,in a timely manner(particularly at the time of
Month end close)

Is This Answer Correct ?    4 Yes 1 No



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