What is brs ?

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


Please Help Members By Posting Answers For Below Questions

what is new updates in account

1568


explain about mergers & aquisitions? asked on 30/7/09

1751


Expand--------OTA

1717


drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?

1012


What is the relationship between, issued share capital, share premium and paid up capital?

1906






what is the good prasentation on interview

1751


i did mba finance in 2010,but i came from life sciences to mba,i know in interview they ask y u came from sciences,so what i tell?pls reply me.

1818


what is duties and responsibilities for clark working in sbi

1805


do we have to learn all the shortcutkeys in tally.i am from non commerce background ,where should i start from.

1546


what are the type of cash flows?

2296


what is the procedure of interview question in genpact

1788


For how long should prepayments be carried in the books as fictitious asset and when is it ideal for a new coy to pay tax

1581


how there prepare bank interview

1622


what is data entry? what is report generation ?in accounting how it is used .

1846


distinguish between price rate and time rate?

1641