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what is BRS
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Answer Posted / ravi chandra
BRS meams Bank reconcilation statement. Its prepared to know
the deferrences between cash book and pass book. its
prepared monthly one time.
Reasons for deferrences b/w pass and cash book
- Cheques deposited but not collected yet the bank.
-- cheques issued but not presented yet the bank.
- bank directly pay to parties on behalf of the customers.
- bank charges are debited in bank book
- cheques dishonoured.
| Is This Answer Correct ? | 73 Yes | 17 No |
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