• What is BRS, with an example?

Answer Posted / jagadeesh s

This is to compare the cash transaction in your cash bank
account and the cash balance in your own book. Actually
this is a statement to be made monthly showing if the cash
balance per ledger account and the cash balance per bank
agrees.

Is This Answer Correct ?    6 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the working formula for Working Capital Turnover

1662


What do you know about hyd? Tell something about hyd?

1848


is indian bank or canara bank CBS brach?

1622


What is miscellaneous expense and when it is used

1680


what do you mean indirect expanse in trading business?

1827






How Many Types of Excise Duties?

1535


what is Calculation of Depreciation for 4 to 5 Years?

1733


what is purchase consideration?

1690


We are a education institute based in chennai.if i purchase a product in chennai and i transfer it to our branch which is in bangalore. we don't have tin nos,Sales tax nos, cst nos. We have only service tax nos. what is the procedure.

1394


what are the type of cash flows?

2289


From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.

2559


Expand---------DBPC

1692


differnce between the 4.7 & 6.0 versions?

1659


how to maintain E-Commerce companies accounts

986


while i creating a main asset master there is a error called process being terminated? pls send the solution

1702