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Categories >> Accounting >> Accounting General


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 Question Submitted By :: Accounting-General
I also faced this Question!!     Answer Posted By  
# 1
MICR means "Magnetic Ink Character Recognition" code used
by banks to identify cheques.

BSR code means : basic Statistical return" code used by
Income tax dept to identify the tax collecting bank while
submitting online return. Every bank has a unique BSR code.
Is This Answer Correct ?    74 Yes 2 No
# 2
MICR means "Magnetic Ink Character Recognition" which are
unique code for a particular branch of a particular bank to
identify the bank

while BSR code is used by any authority to identify bank in
which such tranasction of govt occured.
Is This Answer Correct ?    24 Yes 8 No
Mr.roshan Dahal
# 3
MICR means "Magnetic Ink Character Recognition" which are
unique code to identify the particular branch of a
particular bank

while BSR code is used by any authority to identify bank in
which such tranasction of govt occured.

Both are different because one is identify the branch of
any bank and another is identify the tranjection
Is This Answer Correct ?    19 Yes 7 No
Hari Shankar Sharma

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what is the mean of ABC analysis ?   6
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what is Finalization of Accounts? EDS 1
Suppose A company is giving salary to its employees on 10th of every month. So on which date the salary payable entry will be passed/due also tell what will be the general entry for salary payable Enrich 3
For more Accounting General Interview Questions Click Here 

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