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What is brs ?
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Answer / biswarup ghosh
BRS means reconciliation between cash book with bank pass book. It is made when no matching between cash balance as per cash book with cash balance as per pass book.
| Is This Answer Correct ? | 17 Yes | 1 No |
Answer / aakash banthiaa
A BANK RECONCILIATION STATEMENT IS A STATEMENT WHERE THE TWO
BALANCES i.e THE CASH BOOK BAL. & THE PASS BOOK BALANCE TALLY.
THE DEBIT & THE CREDIT SIDE OF BOTH A/C SHOULD BE TALLIED.IF
IT IS NOT THEN THE , BRS IS PREPARED...
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / prakash
BRS means define difference between the bank passbook and ur bank ledger..
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / sridhar r
brs means BANK Reconciliation STATEMENT
1 bank column of the cash book and
2 bank statement (pass book)
brs is a important part of the internal control system over
cash balance lying in the bank
brs is done by person who is not in charge of cash book
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / prasenjit roy
BRS stands for Bank Reconciliation Statement. It is a
statement which is prepared to find out the reasons of
difference between the bank collum of cash book and bank
statement (pass book details). Double entry system is not
applicable for preparing BRS.
| Is This Answer Correct ? | 1 Yes | 0 No |
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