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
Tell me how much statistics knowledge is necessary or required in accounting?
Tell me why some asset accounts have a credit balance?
Do you know retail banking?
Is push down accounting accepted under generally accepted accounting standards?
Can you name different branches of accounting?
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
What is meant by public accounting?
what is groups and and ledgers in tally can you give why we need to prepare them
What are source documents in accounting?
what is the enty for contract bill raised?
what is the process of cenvat credit taken in service tax( in direct & indirect service)
i want to wearies heads under direct expenses and indirect expenses
Explain what is the disadvantage of double entry system?
Sir how the enter of GST adjust of sales return
What is trial balance? What does an accurate trial balance suggest?