• What is BRS, with an example?

Answers were Sorted based on User's Feedback



• What is BRS, with an example?..

Answer / sanjana

BRS or Bank Reconciliation Statement deals with reconciling
the balances shown in the passbook to the balances in the
cash book.

Is This Answer Correct ?    146 Yes 13 No

• What is BRS, with an example?..

Answer / ranjeet singh

BRS is the statement of adjusting the difference between the balances of pass book and cash book.

Reasons for differences:-

interest given by bank but not mentioned in cash book
directly payment into bank
cheque issued but not presented for payment
error from bank side etc.....

Is This Answer Correct ?    97 Yes 10 No

• What is BRS, with an example?..

Answer / sukesh

BRS is Bank Reconciliation statement prepared to reconcile
the balances of bank pass book and cash book.

Is This Answer Correct ?    43 Yes 11 No

• What is BRS, with an example?..

Answer / dinesh nagam

BRS or Bank Reconciliation Statement deals with reconciling
the balances shown in the passbook to the balances in the
cash book.

Is This Answer Correct ?    32 Yes 4 No

• What is BRS, with an example?..

Answer / akash gupta

A Bank Reconciliation Statement is a statement prepared on a
particular date to reconcile the bank balance as per Cash
Book with the balance as per pass book or bank statement by
showing for diffference between the two. This Transaction is
known as a Bank Reconciliation Statement.

Is This Answer Correct ?    11 Yes 3 No

• What is BRS, with an example?..

Answer / pawan

• What are the types of cash flows?

Is This Answer Correct ?    8 Yes 0 No

• What is BRS, with an example?..

Answer / jagadeesh s

This is to compare the cash transaction in your cash bank
account and the cash balance in your own book. Actually
this is a statement to be made monthly showing if the cash
balance per ledger account and the cash balance per bank
agrees.

Is This Answer Correct ?    6 Yes 2 No

Post New Answer

More Accounting AllOther Interview Questions

What is Financial planning?

0 Answers  


what is the deadline of filing tds return of salary & other than salary ? how to prepare quartterly return file of tds ? please explain in details.

4 Answers  


What do you mean by matching order? (7 steps)

1 Answers   Mellon,


Agreement of Trial Balance is not a conclusive proof of absence of Errors. Will you support me

6 Answers  


You been asked to prepare a training class for completing expense statements. What points will you emphasize to insure accurate expense statements are submitted?

0 Answers  






Expand I T P

3 Answers  


what is capitaemployed?

7 Answers   Capital IQ,


what is Future period and adjustment period?

1 Answers   Bank Of America, Idea,


what is sevice tax? on what service tax is applicable. explain with examples?

0 Answers  


what is a contract note?

8 Answers   Capital IQ,


purchase of stationey to proprietors daughter debited to stationery a/c.rectify it

2 Answers  


How long are you working as thise field? Why did you choose to make your career in thise field?

1 Answers   Infosys,


Categories