Answer / ruchi aggarwal

BRS IS BANK RECONCILATION STATEMENT IN WHICH WE COMPARE PASS
BOOK WITH CASH BOOK OF COMPANY.AND IDENTIFIES THE
TRANSACTIONS WHICH CAUSES DIFFERENCES BETWEEN BOTH OF THE
BOOKS.

Answer / shailesh

brs is a statement prepared to reconcile the bank balance as per the cash book with the bank balance with the pass book.

Answer / mohd.hasan afaq

Bank Reconciliation statement in which we match the
transactions, bills/checks detail of our cashpook with bank
passbook and identifies the variaces in amounts with the
help of bank statement and our cash ledger.

Answer / guest

its a Bank Reconcilation Statement. it was used to prepare
to rettify the errors in the process of banking. those may
be wrong postings in pass book or cash book.

Answer / nagendra prasad

BRS is nothing but Finding out the Difference between the
Cash Book and Pass Book and Passing necessary adjusted
entries.

Answer / ramoj

BRS: It is a statment showing the causes for the differences between cash book and pass book balances of the business at a particular date.

Answer / v sakkthivel

BANK RECONCILEATION STATEMENT IS PREPARED BY COMPANY AS
AND WHEN ACCOUNT CLOSED IN CASH BOOK TO CHECK AND ASSETAIN
THE AMOUNT OF CASH IN HAND AND CASH AT BANK CLOSING THE
ALLTRANSACTION MADE THAT PERIOD ENDING OF CLOSING OF
ACCOUNTS. BASED ON THE EITHER BY PASS BOOK OR BY CASH BOOK
ADDING/SUBSTRACTING(LESS) TRANSACTION (DEBIT/CREDIT) MADE
ON THAT PEIOD OF ACCOUNT CLOSING. FIND OUT THE OPERING
BALANCE/CLOSING BALANCE OF ACCOUNT PERIOD

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