what is BRS

Answer Posted / tungapati nagaraju

BRS is the Bank Reconcilation statement it is statement to
reconcile the Books of accounts. It is the balancing of
bank book and bankers statement.The reason for the
difference is i.e cheques deposited but not credited by
bank,cheques drawn but not presented for the payment,
cheques dishonoured.

Is This Answer Correct ?    7 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI

1691


• What are the types of cash flows?

1720


Who is called consignor

1489


Hi, Please post in here the Aptitude Test Questions given in companies like Thomson, Reuters, GMS, JP Morgan, Northern Trust Bank etc.

6114


How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.

1742






what is sales life cycle???

1521


what is investment banking

1481


What is the meaning of Receipt & Payment, Income & Expenditure, Profit & Loss A/c? Under What cercumstances these are prepared?

2089


please provide wct retun guide line how can prepaire that

1912


EXPAND_________SCM

1800


Whether setting up of diary plants comes under CMA under Farm Sector or Non Farm Sector

1298


How do you manage the sales account in tally

1583


what are the different causes for discrepencybetween the balance of cash book and pass book

1471


In case of cement plant we have to capitalizee locomotive engine my question is about the rate of depreciation on SM basis and category in which it should be capitalize?

1569


Sir,I want to be good in accounting .Now i have got an oppurtunity to work in accounts department but i am average in accounts.So how can i improve and work with effiency guide me with ur tips.

1603