Interested to Buy Any Domain ? << Click Here >> for more details...
what is BRS
- 27 Answers
- 93611 Views
- Cap Gemini, Capital IQ, Genpact, LUX, Muthoot Group, I also Faced
- E-Mail Answers
Answer Posted / harigopal
A bank reconciliation statement is a statement where in the
causes responsible for the difference between the cash book
balance and the pass book balance(as per bank balance) is
ascertained and suitable adjustments are made thereon so
that the balance of both the books are reconciled or agreed
with each other.
A bank reconciliation statement can be started either with a
cash book balance or with a pass book balance.
Reasons for difference
1. Deposits made by the third party directly to the bank.
2. Cheque deposited by into the bank but not yet cleared.
3. Interest & charges debited or credited by bank.
4. Cheque issued but not presented for payment by the third
party.BRS is stand for Bank Reconcilisation Statement, it is used
to know the difference balances shown by the traders cash
book balance and bankers pass book balance
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what is purchase consideration?
if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?
Whatis new GL & Odd G.L What is the difference between these two.
What is Split And buy-back?
Whether the TIN and CST no. remain same for a firm in M.P. state. If a firm ask for CST but having only TIN no. is it correct to entertain his invoice?
why gross profit transfering to profit & loss account
I want to become CFA so kindly provide me all information regarding this like fees structure,colleges in mumbai,duration etc.
describe how accuracy in trial balance is a prime objective for preparing the financial statements?
a) What are the Golden Rules of Accounting? What are the 14 Principles of Accounting
What is the difference between Deffered Tax Assets & Deffered Tax Liabilities
Who is called consignor
What is meant by retiring Bill
What is Profir/Earning Before Tax and Profit after tax any one explaint this Clearly.
difference between vat 47 & vat 49
what is duties and responsibilities for clark working in sbi
