what is by brs?
Answers were Sorted based on User's Feedback
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 |
when will be appsc exams will held pls give me the dates
give detail expansion about MIS Report?
5 Answers Oriental Bank Of Commerce,
Role of Finance Manager in matters of dividend policy? Alternatives and factors that you may consider before finalizing dividend policy?
4 Answers Anna University, College School Exams Tests, Ericsson, ETC, Hindustan Drug House, IAF, ICICI, Ignou, MBA, Persistent, South Indian Bank, TATA, UPSC, Xansa,
what is surrender of shares?
What is the difference between " Public Ltd." "Pvt Ltd." "Paternship Firm", "Properitorship Firm"? Give detail information of this?
A prouduct passed through three stage of the production and product for each stage become the raw material for the new stage further raw material on also added at each stage . During the march 2000, 1000 unit of finishied prouduction produced with following expenditure. A B C material 10000 8000 4000 labour 8000 12000 6000 on cost 5000 4000 2000 inculuded expenses amount to 5200 and to be allocated on the bassis of labour main raw material issue to stage A was worth rs 6400\- prepare the procesing cost account with unit each stage and total cost finishied product the final stage.
What is the percentage rate of PF,ESI,PROFESSION TAX,SERVICE TAX,VAT,INCOME TAX in BANGALORE?
whether stamp duty paid online through MCA 21 portal is refundable; if it is paid twice
what is Producer of a wounding up of a company?
What are the forms required to be file along with annual return.
STATE & EXPLAIN THE IMPACT OF GLOBAL FINANCIAL CRIS ON CEMENT SECTOR IN INDIA:
what cunditions of charged of exise duty