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What is the bank reconciliation and simple explanation of BRS.

Answer Posted / yogendra.c

BRS:
----
It is a statement prepare by the company to match the bank A/c prepare by the company with the Bank Records.


Objectives:
-----------
* know the status of Cheques deposited / Issued.
* know the info of unknown bank remittances or deductions
* Know Interest, and other details.

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