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what is use of BRS ,Could you please Explain

Answer Posted / rams@psr

Finding the reasons difference between Cash Book and Pass Book called Bank Reconciliation Statement (or) BRS is depending on entries passed in Bank Main G/L Account and Bank Intermediate G/L Account.

Eg:
1) Check Issued But not
appearing in the Bank Statement.
2) Check Deposited But not appearing in the Bank Statement.
3) Customer Directly deposited in the Bank.
4) Bank Charges Directly made by Bank
5) Interest Debited/Credited.etc.,

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