Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What do you mean by Bank Reconciliation Statement(BRS)?

Answer Posted / md. sirajul islam

Bank reconciliation is the process of matching and comparing figures from accounting records against those presented in a bank statement.

or

Bank reconciliation is the bank adjustment statement to identify the reasons of in-consistence between bank statement and bank book.

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell me how much statistics knowledge is necessary or required in accounting?

3933


Tell me why some asset accounts have a credit balance?

1058


Do you know retail banking?

1169


Is push down accounting accepted under generally accepted accounting standards?

1135


Can you name different branches of accounting?

956


If A Company pays amount thru bank for a supplier deducting tds on behalf of B company. Accounting entries to be made in company A and B

4818


What is meant by public accounting?

1159


what is groups and and ledgers in tally can you give why we need to prepare them

2465


What are source documents in accounting?

1029


what is the enty for contract bill raised?

2357


what is the process of cenvat credit taken in service tax( in direct & indirect service)

3376


i want to wearies heads under direct expenses and indirect expenses

1941


Explain what is the disadvantage of double entry system?

1017


Sir how the enter of GST adjust of sales return

1633


What is trial balance? What does an accurate trial balance suggest?

1012