Answer Posted / prabhakar
BRS stands for Bank reconciliation statement that reconciles the bank balance in the books of an organization with the bank statement.BRS is usually performed weekly or monthly and are a form of internal control check.The main reason for the difference is no party informs the other whenever a transaction occurs.and also there may be mistakes in the cash book or bank statement and this may give rise to a difference between the two balances.
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is a Balance Sheet & Profit & Loss Account?
If i have a company in India doing purchase from Shrilanka, If i buy in Shrilankan local currency and make the payments in Indian Currency At the end of year how shall i settle the difference Exchange money in Books of Accounts.
after directing tally 9 to calculate interest as per 30 day option basis on a loan account.........,it still calculates interest as per calender month when checked on to display>statements of accounts>interest payable in tally 9 ...where is the error?? how to correct the function.
while i creating a main asset master there is a error called process being terminated? pls send the solution
Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From
what is the meaning of call in arear
What is the content of purchase order? n content of voucher? what is the main use of voucher.
let me know the minimum Accounting Heads in an accounting system
The cost equation y= $0 + $1.60x represents which type of cost? Variable, Fixed, or Mixed
With a 600 credit score, how to improve my credit rating score?
where we use the convetion of conservatisam in real life??
what is the document spliting?
hi, what type of questions are asked in capital iq interview .plz let me know. thanks... venkat...
What is the difference between Risk, Threat & Hazard?
In order to comply with the matching principle, adjustment entries are made at the preparation of ----------