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What is the meaning of bank reconcilation statement (brs)???
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Answer Posted / samanth
brs is bank reconcilation statement bank pass and form cash book compared to the for the year ended pass book credit side deposit and recipts pass book debit side withdrawal and payment this balance equal to cash book statement
EX:pass book dr 200000 cr 140000
in cashbook posted 140000 dr its deposits 200000cr in cash book is payment EX:X
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