Answer Posted / prasenjit roy
BRS stands for Bank Reconciliation Statement. It is a
statement which is prepared to find out the reasons of
difference between the bank collum of cash book and bank
statement (pass book details). Double entry system is not
applicable for preparing BRS.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What is Risk Assessment?
What is the working formula for Working Capital Turnover
What is the GDP growth?
You been asked to prepare a training class for completing expense statements. What points will you emphasize to insure accurate expense statements are submitted?
WHAT ARE EQUITY SECURITIES?
WHAT IS THE DIFFERENCE BETWEEN COST CONTRL & COST REDUCTION
WHAT IS MEANT BY FACTORING, TRESURY BILLS,BULLS, BEARS
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?
What Kind Of Requirements for Vat Refund And Assessment Cases
What is invoice accounting rules?
What are Mortgage Payment Problems?
sir i'm having exp as a HR-Recruiter, now i'm willing to work in other areas of HR.Is learning of accounting courses such as (Payroll mgmt,TDS, service tax, vat, provident fund, gratuity fund, Tally ERP.9 )is necessary? if so, kindly guide me what all accounting courses i need to study to work in other areas of HR. or what are the qualifications required to work in other areas of HR? 2)one of my friend would like to know the job profile for Finance admin..
How to Calculate PF with interest or without interest.
What do you mean by custodian/Depository, & what are the different types of Depository? (NSDL/CDSL)