what do u mean by brs
Answers were Sorted based on User's Feedback
Answer / jhaindramohan706
Bank Reconsilation statement deals with reconciling the
balances shown in the passbook to the balance in the cash
book.
| Is This Answer Correct ? | 12 Yes | 2 No |
Answer / ranjeesh.k.k
A form that allows individuals to compare their personal bank
account records to the bank's records of the individual's
account balance in order to uncover any possible
discrepancies.
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / gourabh gourisaria
BRS MEANS BANK RECOUNCILIATION STATEMENT WHICH IS USED TO
RECTIFY THE PASS BOOK MADE BY US AND MAKE CHANGE IN PASS
BOOK ACCORDINGLY
| Is This Answer Correct ? | 11 Yes | 6 No |
Answer / madhulika2011
A form that allows individuals to compare their personal bank account records to the bank's records of the individual's account balance in order to uncover any possible discrepancies.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / shariff basha
brs means bank reconcilliation statement
cash balance and bank balance differences amount to shown
by brs
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / shivakumar ks
A form that allows individuals to compare their personal
bank account records to the bank's records of the
individual's account balance in order to uncover any
possible discrepancies.
| Is This Answer Correct ? | 1 Yes | 0 No |
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AN ESTIMATE OF ASSETS AND LIABILITIES ON AGIVEN DATE
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe