Who maintains BRS (Bank Reconciliation Statement) ?
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Answer Posted / s. mahesh
BRS Maintain by the account holder (i.e. Individual or
Company)some entries like Bank charges, Commission, Foreign
currency exchange fluctuation & Cheque returned charges
etc. these type of entries, we can know from the bank
statement only. Also, Clearance cheque- like cheque issued
& cheque depsoited by us. After taken all the entries into
the Bank book matching the balance with the Bank pass book.
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