y did we prepare BRS

Answer Posted / renuga devi

BRS- is nothing but bank reconciliation statement, it is
used to check the bank balance as per pass book and the
balance as per the cash book....

Eg: If a person deposits sum amount of money in the bank
without an entry in the pass book but entered only in the
cash book. Dose the difference arises and to over come
this problem BRS is used

Is This Answer Correct ?    34 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is basepoint

1899


What is a Bank rate? What is a Repo?

639


Do you anything about bureaucracy?

686


Ten years down the line where would you see yourself?

611


why n how the gold is inversely proportional to rupee value? thnx....

2279






What are different types of 'non-tax receipts.'?

610


What Are The Rules For User Names And Passwords?

617


How Is The Single Supervisory Mechanism Organised?

774


Read the case carefully and answer the questions given at the end: CALLS PUT A B C Months of expiration 3 9 3 Continuous yearly risk-free Rate (Rf) 10% 10% 10% Discrete yearly Rf 10.52% 10.52% 10.52% Standard deviation of Stock returns 40% 40% 40% Exercise price Rs.55 Rs.55 Rs.55 Option price Rs.2.56 - Rs.6.20 Stock price Rs.50 Rs.50 Rs.50 Cash Dividend Re.0 Re.0 Re.0 1) Why should call B sell for more than call A? 2) Is the put call parity model working for options A&C? 3) Calculate the Black Scholes values of call A & Call B?

1880


Tell something about current Five Year Plan?

634


Classify the business of banking?

570


How do I submit e-application?

606


Who are the partnering organizations with ifbi?

557


What is the use of color boxes in WTO category of subsidies?

600


Who insures the banks in india?

716