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Categories >> Accounting >> Accounting AllOther


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What is the meaning of bank reconcilation statement (brs)???
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
# 1
The bank reconciliation statement is a statement that shows
the balances shown in bank pass book and balance is shown by
the cash book.
Is This Answer Correct ?    138 Yes 15 No
# 2
BRS is comparison of Cash book and bank stmt (pass book).
We have to reconcile the bank stmt with our cash book for
the specific period. It contain opening balance, deposit,
payments & Bank charges /Interest.
Is This Answer Correct ?    92 Yes 11 No
Sangeetha G
# 3
brs means the statment which is shown differences between
bank book and cash book. Bank Reconsilation Statment which
tally the balace in the cash book and the bank book.
Is This Answer Correct ?    28 Yes 5 No
Rajendra Prabhakar Shinde
# 4
Is This Answer Correct ?    24 Yes 11 No
# 5
what is meaning of brs.
what is different between debtor and creditor.
what is service tax.
what is mean of tds
meaning of firm,company
Is This Answer Correct ?    26 Yes 14 No
# 6
Bank Reconciliation Statement shows the clearance the date of payment, receipt, bank charges etc.....

1) The date of payment withdraw...
2) The date of Receipt....
3) The date of Bank charges..
Is This Answer Correct ?    5 Yes 1 No
Naveen Meharshi
# 7
It is a statement it is prepared by Customer and Bank as in
Cashbook and Passbook where in the balance between them do
not reconcile each other at a particular transaction...
Is This Answer Correct ?    6 Yes 5 No
# 8
BRS is a statement that is prepared to find the differences occurred in bank coloum of cash book and passbook 
Is This Answer Correct ?    1 Yes 0 No
Rasool Baji
# 9
brs is nothing but difference between cash book and pass
book total 18 formulaes to prepare a bank reconciliation
statement to rectify the errors both cash book and pass
Is This Answer Correct ?    0 Yes 0 No
Abhishek K
# 10
brs is bank reconcilation statement bank pass and form cash book compared to the for the year ended pass book credit side deposit and recipts pass book debit side withdrawal and payment this balance equal to cash book statement

EX:pass book dr 200000 cr 140000
in cashbook posted 140000 dr its deposits 200000cr in cash book is payment EX:X
Is This Answer Correct ?    0 Yes 0 No

Other Accounting AllOther Interview Questions
  Question Asked @ Answers
From the following data calculate (i) P/V Ratio (ii) Profit when sales are Rs.20,000 and (iii) the new Break-Even Point, if the selling price is reduced by 20% Fixed expenses Rs. 4,000 Break-Even-Pont Rs. 10,000 Techno-Labs 5
we have send material through air cargo, can we deduct tds   1
what is the difference between public ltd company and private ltd company? Capital-IQ 5
what is vat sett off? service tax?   2
expand R D P   1
What is US GAAP?   1
What is the expanded accounting equation   2
Who is Home minister of India? Genpact 4
EXPAND______________PIN   7
what is the diffrence between gross profit& net proffit? Capital-IQ 8
what Trial Balance? state the difference bewtten Gross Trail balance & Net trail Balance?   5
If an overpayment (more than was paid) was posted on a statemnt, can I just make a debit note on the account with the difference? Example Customer had to pay me R 10 000 Payment on his statment was passed for R 15 000 Can I make a debit note with the dif of R 5 000, to rectify the account for the specific month?   1
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