:: Home Page            
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   ERRORS new
   Refer this Site  Refer This Site to Your Friends  Site Map  Bookmark this Site  Set it as your HomePage  Contact Us     Login  |  Sign Up                      
Categories >> Accounting >> Accounting General


 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1904)
 Accounting General interview questions  Accounting General Interview Questions (2830)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4369)
What do you mean by Bank Reconciliation Statement(BRS)?
 Question Submitted By :: Accounting-General
I also faced this Question!!     Answer Posted By  
# 1
Bank Reconciliation Statement means is the method of
maintaining the balance in the accurate manner so that we
can able to check our availability of fund for the further
Is This Answer Correct ?    33 Yes 5 No
Mohan Kumar.g
# 2
BRS is a statement which is prepared for verifying &
reconciling the bank balances which is shown by cash book &
pass book and incorporate the reason of disagreement
between them.
Is This Answer Correct ?    26 Yes 3 No
# 3
the bank reconciliation statement means to know the
companay balance and bank balance is known as bank
reconciliaton statement

2.the BRS means to know the daily balance information
Is This Answer Correct ?    34 Yes 16 No
# 4
BRS ( bank reconciliation statement )is nothing but just
verify both the cash book and bank book whether all entries
made correctly or not
Is This Answer Correct ?    17 Yes 0 No
# 5
A bank Reconciliation statement can be defined as a statement prepared at periodical intervals,with a view to indicate the items which cause disagreement between the balances as per the Bank columns of the cash book and the bank pass book on any given date. 
Is This Answer Correct ?    13 Yes 2 No
Raj Kumar Singh
# 6
Answer no #3 and #4 are very correct. 
Is This Answer Correct ?    8 Yes 1 No
Prakash Kokane
# 7
BRS is adjustment between bank book & pass book.  
Is This Answer Correct ?    8 Yes 3 No
# 8
Matching of two ledger a/c's and identifying the disconnects 
Is This Answer Correct ?    9 Yes 4 No
Sri Parimala

Other Accounting General Interview Questions
  Question Asked @ Answers
Where do you post Credit Sales in Trading or P& L Account, or should we deduct from the actual sales and put the net figures in the column. Clarify   5
whaT IS THE notional cash pooling Genesis 3
Which of the following are of capital nature? (a) Purchase of a goods (b) Cost of repair (c) Wages paid for installation of machinery (d) Rent of a factory   1
My company has taken a car loan from HDFC Bank, Assume 7.5 lacs. but it disbursed after deducted adv emi. how to pass the jv for that . Plz pass the entry   5
who are bulls and bears investors FactSet 8
ambar became insolvent a dividend of 50 paise in rupee is received required journal entry for this transaction   1
what diff. between laibilities and provision?   5
How can we create compound unit(eg:pkt of 10 nos) in Peachtree accounting software?if u know the answer,plz post it. by Libin kulamuttom   1
what is professional tax slab rate ? DNS 2
What is the Significance of Open Item of B.R.S. in SAP. Samsung 1
what is CA?   7
The following figures relate to the trading activities of M/s ABC Traders Ltd for the year ending 31 March 2004. Particulars Amount (Rs) Sales 5,20,000 Opening stock 76,250 Purchases 3,22,250 Closing stock 98,500 Sales return 20,000 Selling and Distribution Expenses Salaries 15,300 Advertising 4,700 Travelling 2,000 Administrative Expenses Salaries 27,000 Rent 2,700 Stationery 2,500 Depreciation 9,300 Other charges 16,500 Provision for tax 4,000 Non Operating Income Dividend on shares 9,000 Profit on sales of shares 3,000 Non Operating Expenses Loss on sale of fixed asset 4,000 You are required to: (i) Arrange the above figures in a form suitable for analysis. (ii) Show separately the following ratios. Net profit ratio Operating ratio Stock turnover ratio Candico 1
For more Accounting General Interview Questions Click Here 

Copyright Policy  |  Terms of Service  |  Articles  |  Site Map  |  RSS Site Map  |  Contact Us
Copyright 2013  All Rights Reserved.   ::