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Question
what is by brs?
 Question Submitted By :: Guest
I also faced this Question!!     Rank Answer Posted By  
 
  Re: what is by brs?
Answer
# 1
 BRS Means Bank reconsilation Statement.
This is nothing but the closing balance of bank pass book
tally with our book. The cheque payment transaction made in
last day or during the month but it is cleared in next month.
we should reconcile the bank statememt
 
Is This Answer Correct ?    79 Yes 6 No
Thambi Durai
 
  Re: what is by brs?
Answer
# 2
BRS stans for Bank reconcilation statement.
This staement shows the entries due to which the balances of
pass book and cash book (bank a/c in a trader books) varies
on a particular day/date.
 
Is This Answer Correct ?    26 Yes 12 No
Sanjay Chadha
 
 
 
  Re: what is by brs?
Answer
# 3
Bank reconcilation statement.
We can know the status of the cheques has been cleared or 
not for both receipts and payments. Difference between the 
bank statmeent and our bank book we can check.
 
Is This Answer Correct ?    22 Yes 4 No
Lk
 
  Re: what is by brs?
Answer
# 4
BRS is a statement,the  main functioning of brs is to know 
the reconcilation of balancess between cash book and 
passbook. there is no  particular date to prepare a brs, 
whenever we want to know the exact balances of cash book 
and pass book then we can  prepare.
 
Is This Answer Correct ?    19 Yes 2 No
Ramnath
 
  Re: what is by brs?
Answer
# 5
BRS MEEN "BANK RECONCILATION STATEMENT".THE DEFORNCE BETWIN 
BANK POSS BOOK AND CASH BOOK IS KNOWN AS BANK RECONCILATION 
STATEMENT.THIS STATEMENT ENTERING TRANSACTIONS EX:BANK 
CHARGES,CHEQUE DEPOSIT BUTNOT COLLECETED,DIRECET DEPOSIT 
FROM CUSTMER
 
Is This Answer Correct ?    13 Yes 5 No
Phaneendra
 
  Re: what is by brs?
Answer
# 6
IT IS NOTHING BUT BANK RECONCILATION STATEMENT BANK BALANCE 
AS PER PASS BOKK MUST RECONCILE WITH BANLANCE AS PER CASH 
BOOK.
 
Is This Answer Correct ?    11 Yes 2 No
M Sharmila Rani
 
  Re: what is by brs?
Answer
# 7
BANK RECONCILIATION STATEMENT CONTAINS A COMPLETE 
EXPLANATION REGARDING THE DIFFERENCE BETWEEN THE CASH BOOK 
AND THE BANK STATEMENT. IT IS USED BY ALLMOST ALL BUSINESS 
ORGANISATIONS BECAUSE IT IS THE IMPORTANT INTERNAL CONTROL 
MECHANISAM OF CASH INFLOW AND CASH OUTFLOW
 
Is This Answer Correct ?    9 Yes 2 No
Ganesh
 
  Re: what is by brs?
Answer
# 8
BRS refers to Bank Reconciliation Statement. It identifies 
the differences between the Bank book and pass book for 
particular period e.g. weekly or monthly
 
Is This Answer Correct ?    5 Yes 8 No
Kumar.p.
 
  Re: what is by brs?
Answer
# 9
Bank reconciliation is the process of matching and comparing
figures from accounting records against those presented on a
bank statement. Less any items which have no relation to the
bank statement, the balance of the accounting ledger should
reconcile (match) to the balance of the bank statement.
 
Is This Answer Correct ?    9 Yes 1 No
Rajeshkanna.a
 
  Re: what is by brs?
Answer
# 10
Bank reconscilatoin statement is the statement betveen cash 
book and pass book for the particuler period of time when 
ever coustemer wants the statement it must be show the bank 
what is the transactions in particuler account
 
Is This Answer Correct ?    4 Yes 2 No
D.balu
 
  Re: what is by brs?
Answer
# 11
BRS -- BANK RECONCILATION  STATEMENTS.
This is nothing but the closing balance of bank pass book
tally with our book.there is no  particular date to prepare 
a brs,whenever we want to know the exact balances of cash 
book 
and pass book then we can  prepare.
 
Is This Answer Correct ?    6 Yes 2 No
Radha
 
  Re: what is by brs?
Answer
# 12
it is used to cheq the infamation in the pass book and the cash book
 
Is This Answer Correct ?    5 Yes 2 No
Sayed
 
  Re: what is by brs?
Answer
# 13
brs  means it is the balance are equlas to the bank pass 
book and bank pass book.
 
Is This Answer Correct ?    6 Yes 2 No
Srinivas
 
  Re: what is by brs?
Answer
# 14
finding the reson for difirence betwen cash book and pass 
book.
 
Is This Answer Correct ?    6 Yes 1 No
Sattu Mallaiah
 
  Re: what is by brs?
Answer
# 15
BRS is a statement which states the reasons of the 
difference between the cash book ans pass book i.e.,Cheque 
deposited but not realised and Cheque issued but not 
deposited for payment etc.Both of them have impact in the 
cash book but none of them have impact in the pass book.
 
Is This Answer Correct ?    4 Yes 2 No
Misbah
 
  Re: what is by brs?
Answer
# 16
BRS Means Bank reconsilation Statement.
This is nothing but the closing balance of bank pass book
tally with our book. The cheque payment transaction made in
last day or during the month but it is cleared in next month.
we should reconcile the bank statememt
 
Is This Answer Correct ?    1 Yes 2 No
Kanakaiah
 
  Re: what is by brs?
Answer
# 17
It is a statement by which one can measure the difference between cash book &pass book after certain period of a time.
 
Is This Answer Correct ?    1 Yes 1 No
Birendra
 
  Re: what is by brs?
Answer
# 18
BRS stands for Bank Reconcilation Statement. We need to 
prepare BRS when the total of Cash book and total of pass 
book do not match together. Generally we make BRS at the 
time of month close. There are some reason which cause the 
diffrence come in our cash book.
1. Dedcuted bank charges by bank from our account.
2. Cheque issued but not present into bank.
3. Cheque represent by us but not cleared yet and not 
credited into our account.
 
Is This Answer Correct ?    0 Yes 1 No
Bipul Anand
 

 
 
 
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