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what is BRS

Answer Posted / ashok kumar

A Statement prepared generaly ones in a month by those
enterprises who are maintaining a bank account and making
transactions it is important to check the transactions
related with that bank account wheather the balances
appearing in Bank statements are same or not with the Cash
book Maintained in the enterprises .... if any diffrences
occurs between the Bank statement(PASS BOOK) and Cash book
then....
so to solve the diffrences without effecting both the
books a statement is prepared to have a reason for the
responsible transaction for the diffrences oveserved

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