Interested to Buy Any Domain ? << Click Here >> for more details...
What is BRS?
- 7 Answers
- 8667 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / ruchi aggarwal
BRS IS BANK RECONCILATION STATEMENT IN WHICH WE COMPARE PASS
BOOK WITH CASH BOOK OF COMPANY.AND IDENTIFIES THE
TRANSACTIONS WHICH CAUSES DIFFERENCES BETWEEN BOTH OF THE
BOOKS.
| Is This Answer Correct ? | 11 Yes | 0 No |
Answer / shailesh
brs is a statement prepared to reconcile the bank balance as per the cash book with the bank balance with the pass book.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / mohd.hasan afaq
Bank Reconciliation statement in which we match the
transactions, bills/checks detail of our cashpook with bank
passbook and identifies the variaces in amounts with the
help of bank statement and our cash ledger.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / guest
its a Bank Reconcilation Statement. it was used to prepare
to rettify the errors in the process of banking. those may
be wrong postings in pass book or cash book.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / nagendra prasad
BRS is nothing but Finding out the Difference between the
Cash Book and Pass Book and Passing necessary adjusted
entries.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ramoj
BRS: It is a statment showing the causes for the differences between cash book and pass book balances of the business at a particular date.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / v sakkthivel
BANK RECONCILEATION STATEMENT IS PREPARED BY COMPANY AS
AND WHEN ACCOUNT CLOSED IN CASH BOOK TO CHECK AND ASSETAIN
THE AMOUNT OF CASH IN HAND AND CASH AT BANK CLOSING THE
ALLTRANSACTION MADE THAT PERIOD ENDING OF CLOSING OF
ACCOUNTS. BASED ON THE EITHER BY PASS BOOK OR BY CASH BOOK
ADDING/SUBSTRACTING(LESS) TRANSACTION (DEBIT/CREDIT) MADE
ON THAT PEIOD OF ACCOUNT CLOSING. FIND OUT THE OPERING
BALANCE/CLOSING BALANCE OF ACCOUNT PERIOD
| Is This Answer Correct ? | 0 Yes | 0 No |
How to void a payment
Define public accounting?
we are paid advance to employee Rs.5000 for TADA. After Trevelling employee return Rs.500. please pass journal entry
Cash in hand-5000,Cash at bank-4000, Bill receivable- 3000,Bills payable-5000,Bank loan-6000.Calculate total liability of the firm?
why the profit of a company is shown on the liabilities side in the balance sheet
what is current rate of excise duty in india
what is the different between nominal account and real account ? and then personal account ?
If salary paid per month Rs.60000/-I will deduct TDS from his salary per month
What would greater impact a firms valuation, a 10% reduction in revenues or 1% reduction in discount rate?
why dr is on left hand side while cr is on right hand side?
What is the entry for closing stock value reduction?
0 Answers ICICI, ICS Integrated Computer Solutions,
My question is- are tpt,freight & p & f charges part of sales & purchase when it include in invoice. suppose if goods value 20000 freight chrg 425.00 total sales will be 20425 or only 20000.00 how it will effect ?? pls clear
Audit 
