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What is the meaning of bank reconcilation statement (brs)???
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Answer / phanikumar
The bank reconciliation statement is a statement that shows
the balances shown in bank pass book and balance is shown by
the cash book.
| Is This Answer Correct ? | 281 Yes | 27 No |
Answer / sangeetha g
BRS is comparison of Cash book and bank stmt (pass book).
We have to reconcile the bank stmt with our cash book for
the specific period. It contain opening balance, deposit,
payments & Bank charges /Interest.
| Is This Answer Correct ? | 151 Yes | 14 No |
Answer / rajendra prabhakar shinde
brs means the statment which is shown differences between
bank book and cash book. Bank Reconsilation Statment which
tally the balace in the cash book and the bank book.
| Is This Answer Correct ? | 67 Yes | 13 No |
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| Is This Answer Correct ? | 46 Yes | 25 No |
Answer / balakrishna
BRS IS A STATEMENT WHICH SHOW THE BOTH CASH AND BANK
BALANCES AS ON A PARTICULAR DATE
| Is This Answer Correct ? | 41 Yes | 20 No |
Answer / chetankumar. c. haveri.
BRS is to prepare to know the Difference between cash book balance and Bank statement balance.
| Is This Answer Correct ? | 16 Yes | 4 No |
Answer / naveen meharshi
Bank Reconciliation Statement shows the clearance the date of payment, receipt, bank charges etc.....
1) The date of payment withdraw...
2) The date of Receipt....
3) The date of Bank charges..
| Is This Answer Correct ? | 13 Yes | 3 No |
Answer / rasool baji
BRS is a statement that is prepared to find the differences occurred in bank coloum of cash book and passbook
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / rajee
it is a statement which shows the difference form the bank
pass book and cash book for a given period.
> it is used to know that there is no fradulant activities
taken place
.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / dillibabu
BRS is the statement, to analysis and adjustment of differences b/w cash book balance and bank passbook balance.
It can be month end or year end.
| Is This Answer Correct ? | 4 Yes | 0 No |
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