What is BRS ?How do you prepare the BRS?
Answers were Sorted based on User's Feedback
Answer / nishant gupta
it is acronym of bank reconciliation statement which
prepared for reconciling balance as per cash book and pass book.
Is This Answer Correct ? | 11 Yes | 0 No |
Answer / rakesh kumar prasad
BRS stands for Bank Reconciliation Statement. it is a process
of comparing and matching the figures of accounting records
against the statement shown in the bank statement.BRS is
prepared in the favour of both cash book (debit and credit
balance) and pass book (debit and credit balance).
Is This Answer Correct ? | 8 Yes | 1 No |
Answer / prasad r. bhosale
The statement which is prepared for to find out the
difference between bank book and bank statement is called
as bank reconciliation statment.
principally there is four types of preparing the bank
reconciliation statement depends on the balance of bank
book or bank statement that is Dr. Balance of bank book or
bank statement and Cr. Balance of bank book or bank
statement......is getting effected to addition or
subtracting in statement.
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / surabhi gupta
Bank Reconciliation Statement, it is prepared to reconcile
the difference between Cash book & Pass Book balances.
Is This Answer Correct ? | 5 Yes | 1 No |
Answer / shruthi h
BRS- Bank Reconsilation Statement
By this statement we come to know the differece Between
pass book Balance and Bank statement.
By comparing the pass book and Bank statement we will
prepare the Bank Reconsilation Statement
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / nagu
we find difference between the bank book and bank statement
Is This Answer Correct ? | 2 Yes | 3 No |
what is enty of income tax paid by company.& what is group of income tax paid.
when we use credit card, then what will do entries in tally erp as a accountant and second question that if he do entry then what will thay keep under the ledger of credit card.
1 Answers State Bank of Mysore SBM,
What are assets minus liabilities?
iam working at hotel industry it is a small industry so, i did'nt kept postage and telegram ledger because we are not doing so recently we send courier that courier charges which ledger i have to take?
If there is an excess amt of TDS paid under the head TDS on contractor, then how it can be shown in Annexure of TDS return?
If chq of Rs. 15000 bounced then how to enter reverse entery > Voucher Type....
Which company is coded in SENSEX ?
Whatid the rate tds on rent of plant and machinery ?
What will be entry for that: Busines strarted with brrowed cash Rs. 25000 from Mr. X. if capital will be creadit. Why?
what is the difference between profit and revenue?
What is an E-1 Sales.
can you give me debit n credit rules