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what is by brs?
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Answer / umakanth
IT IS THE COMPARISON BETWEEN THE CASH BOOK AND PASS BOOK.
IT IS TO MAKE TALLY OF THE CASH BOOK AND ALSOTHE PASS BOOK.
BOTH THE CASH BOOK TOTAL AND PASS BOOK TOTAL SHOULD TALLY
WITH EACH OTHER
ENTRIES WHICH APPERAR IN THE CASH BOOK DEBIT SIDE EXAMPLE;
1. BALANCE AS PER CASH BOOK.
2. CHEQUES DEPOSITED IN TO THE BAK BUT NOT CLEARED.
ENTRIES WHICH APPEAR THE CASH BOOK CREDIT SIDE.
1.CHEQUES ISSUED BUT NOT PRESENTED FOR PAYEMENT.
2. OVERDRAFT BALANCE AS PER CASH BOOK.
ENTRIES WHICH APPEAR THE PASS BOOK DEBIT SIDE
1. OVERDRAFT BALANCE AS PER PASS BOOK.
2.BANK CHARGES
3.INSURANCE ETC.
ENTRIES WHICH APPEAR IN THE CREDIT SIDE OF PASS BOOK
1.CHEQUES DIRECTLY DEPOSITED BY THE CUSTOMER
2.INTREST ON INVESTMENT.
3.INTREST ON SECURITIES.
| Is This Answer Correct ? | 11 Yes | 2 No |
Answer / haripriya
BRS IS BANK RECONCILATION STATEMENT THROUGH WHICH WE ARE
GOING TO COMPARE THE BANK PASS BOOK WITH OUR MANUALLY OR
SYSTEMATICALLY RECEIVED R PAID CHEQUES. THESE CHEQUES MAY
CLEARED WITHIN ONE DAY R ONE MONTH THESE SYSTEM TO KNOW THE
CLEARING CHEQUES.
| Is This Answer Correct ? | 9 Yes | 2 No |
Answer / subbu
it means to compare the bank cash column and pass buk cash
column
| Is This Answer Correct ? | 9 Yes | 5 No |
Answer / sampath
actually brs stands for bank reconsilation statement, it
shows the causes for the differences between pass book and
cash book in an accounting period.
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / sujan deb
Bank Reconciliation Statement is a statement that is prepared at the end of a specified period to reconcile the difference between balance as per cash book and the pass book balance as on date.
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / nasreen
Bank reconcilation statement is matching the balance of two
accounts.. it may be cash book's bank column and bank pass
book...
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / ramu
BRS it is deference between bank balance as per cash book
and bank balance as per pass book. Ii is prepared by the
customerer.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / d.balu
Bank reconscilatoin statement is the statement betveen cash
book and pass book for the particuler period of time when
ever coustemer wants the statement it must be show the bank
what is the transactions in particuler account
| Is This Answer Correct ? | 21 Yes | 19 No |
Answer / k.m. umakanth
IT IS TO KNOW THE ACTUAL BALANCE OF CASHBOOK AND PASS BOOK.
IT IS MAINLY PREPARED TO MAKE THE CORRECTIONS IN THE CASH
AND AS WELL AS IN THE PASS BOOK.TO CLEAR THE DIFFERNCIATION
BETWEEN THE CASHBOOK AND PASS BOOK.
| Is This Answer Correct ? | 5 Yes | 3 No |
Answer / rm.sakthi aruna
BRS MEANS CORRECTING OUR CASH BOOK BANK COLOUMN AMOUNT WITH THE HELP OF OUR PASS BOOK OR STATEMENT GIVEN BY THE BANK
| Is This Answer Correct ? | 3 Yes | 1 No |
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