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Categories  >>  Accounting  >>  Accounting AllOther
 
 


 

 
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Question
what is brs?
 Question Submitted By :: Guest
I also faced this Question!!     Rank Answer Posted By  
 
  Re: what is brs?
Answer
# 1
BRS Means Bank Reconcilatin Statement.To know the actual 
difference between Bank Book and our Cash Book
 
Is This Answer Correct ?    30 Yes 1 No
Rajesh
 
  Re: what is brs?
Answer
# 2
bank reconcilliation statement
 
Is This Answer Correct ?    6 Yes 0 No
N Venkatesh Gupta
 
 
 
  Re: what is brs?
Answer
# 3
BRS means Bank Reconcilization Statement. It is used by 
difference between cash book and Bank passbook.
 
Is This Answer Correct ?    3 Yes 0 No
Chari
 
  Re: what is brs?
Answer
# 4
BRS means Bank Reconciliation statement. It is used to 
reconcile the difference between entity's bank account and 
entity's account in bank.
 
Is This Answer Correct ?    3 Yes 0 No
Santosh
 
  Re: what is brs?
Answer
# 5
bank reconciliation statement is a statement it contains a 
complete & satidfactory explanation as per bank book as per 
cash book is called as bank reconciliation statement
 
Is This Answer Correct ?    2 Yes 1 No
Srinu
 
  Re: what is brs?
Answer
# 6
brs means bank reconciliation statement. we confirm our 
bank tranctions with bank statements and we tally the our 
transcitons with bank statements. when will the bank balnce 
and our company book balnce are matched in that time brs is 
completed. while brs is not tally with our books brs is not 
completed.
 
Is This Answer Correct ?    2 Yes 1 No
Nivas
 
  Re: what is brs?
Answer
# 7
brs means " bank reconciliation statement , the statement 
which contains complete and satisfactory expanations for 
the diferences between cash book and pass book.It prooves 
only cash book balances.
 
Is This Answer Correct ?    1 Yes 0 No
Srinivas
 
  Re: what is brs?
Answer
# 8
BRS stands for Bank Reconciliation Statement.its statement 
contains summarry of cash and pass book transctions.
 
Is This Answer Correct ?    1 Yes 1 No
Rama Durga Kumar
 
  Re: what is brs?
Answer
# 9
brs abbrevation is Bank Reconcillation Statement, it means 
the differences between cash book and pass book, the 
payments are entered on credit side in cash book from the 
bank point of view and the deposits are entered on debit 
side in cash book from the bank point of view.  When 
deposits are more than withdrawals, then it is called 
Favourable balance, and whereas withdrawals are morethan 
deposits then it is called bank overdraft.  In case of Bank 
Overdraft, the cash book shows credit balance and the pass 
book debit balance and in case of favourable balance, the 
cash book shows debit balance and pass book shows credit 
balance.
 
Is This Answer Correct ?    2 Yes 0 No
Vamshi Krishna D
 
  Re: what is brs?
Answer
# 10
brs stands for bank reconsilation statement, the statement which gives complete and satisfactory explanation between pass book and cash book bank column.
 
Is This Answer Correct ?    0 Yes 0 No
Chandu
 
  Re: what is brs?
Answer
# 11
Bank Reconcilation Statement.
it give us the idea about how much is the balance in our 
account, how much cheques we have issused which are yet not 
presented in bank & how much cheque we have received which 
are yet not cleared .
 
Is This Answer Correct ?    0 Yes 0 No
Vandana Sharma
 
  Re: what is brs?
Answer
# 12
brs means bank reconsilation statement this statement shows 
the diference between bank book and passbook some errors are
find. so this useful to balance sheet.
 
Is This Answer Correct ?    0 Yes 0 No
Suresh Bandari
 
  Re: what is brs?
Answer
# 13
Bank reconcilation statement.

Process of making sure of your bank satement,cash book and 
bank book journal or day book all are agree. usually 
prefarmed at the end of each month.
 
Is This Answer Correct ?    0 Yes 0 No
Sodna
 

 
 
 
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