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what are the errors in brs?& what is useful of them?
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Answer / avi
1.Cheque deposited but not Cleared in Bank
2.Cheque Issued but Not Cleared in Bank
3.Debited By Bank but not Accounted by us
4.Credited Bank But not Accounted by us
to get the current bank balance
| Is This Answer Correct ? | 36 Yes | 0 No |
Answer / srikanthreddy.a
1. Cheques deposited in to but not cleared
2. Cheques issued but not yet present for payment
3. Bank charges given pass book only
4. dishonour cheques
5 wrong debit given pass book only
6. directly payment made by Bank behalf of customers
7. wrong credit in pass book
| Is This Answer Correct ? | 16 Yes | 0 No |
Answer / rohit kumar
DEBIT BALANCE AS PER OUR BOOKS
+ CH. ISSUED BUT NOT YET PRESENTED FOR PAYMENTS.
- CH. PAID INTO BANK FOR COLLECTION BUT DISHONORED BY BANK.
+ ANY WRONG CREDIT GIVEN BY BANK.
- ANY WRONG DEBIT GIVEN BY BANK.
- BANK CHARGES.
+ BANK INT. RECD.
+ CH. PAID INTO BANK FOR COLLECTIONS BUT OMITTED TO BE
ENTERED IN CASH BOOK.
- CH. ISSUED BUT OMITTED TO BE ENTERED IN CASH BOOK.
+ AMOUNT DIRECTLY DEPOSITED BY THE CUSTOMER INTO BANK.
| Is This Answer Correct ? | 1 Yes | 0 No |
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Audit 
