WHAT DO MEAN BY BRS
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Answer / utkarsh
BRS stand for bank reconciliation statement.when businessman
does some transaction which does not come to the knowledge
of bank till a particular date and when bank does some
payment on the behalf of the businessman which does not come
to the knowledge of businessman till a particular date. then
there is chances of mismatch between cash book and pass book
so, for finding the reason we make BRS. because equal amount
should be in cash book and pass book at last.
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / thirupathi
BRS MEANS BANK RECOUNCILATION STATEMENT. BRS USED TO RE-COUNCIL THE COMPANY CASH BOOK TO BANK PASS BOOK.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / harindra sahani
BRS Means Bank Reconcilation Statement which prepared by account holder because some time holder pass book balance & holder account books dont match so its find worng entry.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / prem prakash
BRS Stand on Bank Reconciliation Statement.
| Is This Answer Correct ? | 5 Yes | 3 No |
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Aravinds gross salary is 15000/-Pass entry adjusting 150 profession tax, Advance adjustment 1500/-
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