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What is the meaning of bank reconcilation statement (brs)???

Answers were Sorted based on User's Feedback



What is the meaning of bank reconcilation statement (brs)???..

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

What is the meaning of bank reconcilation statement (brs)???..

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

What is the meaning of bank reconcilation statement (brs)???..

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

What is the meaning of bank reconcilation statement (brs)???..

Answer / harikrishnan

what is meaning of brs.
what is different between debtor and creditor.
what is service tax.
what is mean of tds
meaning of firm,company

Is This Answer Correct ?    46 Yes 25 No

What is the meaning of bank reconcilation statement (brs)???..

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

What is the meaning of bank reconcilation statement (brs)???..

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

What is the meaning of bank reconcilation statement (brs)???..

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

What is the meaning of bank reconcilation statement (brs)???..

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

What is the meaning of bank reconcilation statement (brs)???..

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

What is the meaning of bank reconcilation statement (brs)???..

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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