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What is BRS?
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Answer / artham santosh kumar guptha
It is a statement reconciling the balance as shown by the bank pass book and the balance as shown by the Cash Book. Obj: to know the difference & pass necessary correcting, adjusting entries in the books.
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Answer / uday
BRS- is nothing but bank reconciliation statement, it is used to check the bank balance as per pass book and the balance as per the cash book....
Eg: If a person deposits sum amount of money in the bank without an entry in the pass book but entered only in the cash book. Dose the difference arises and to over come this problem BRS is used
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Answer / srinivas
it is a statement reconciling the balance as shown by bank pass book , balance as shown by cash book Objective is to know the differences and pass the necessary correcting and adjusting entries in the respective books of ledgers .
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Answer / basithredy
BRS mean cross verification of bank book and cash book.
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Answer / mohan
brs stand for Bank Reconciliation Statment it is statment
of account holders transation and diffrence of pass book
and bank book rectify the balance.(It is statment of all
transtionwith bank of account holders)
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Answer / rajesh
BRS adjusting the book account with the help of double cash book bank collumn and equalizing double cash book cash collumn
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Answer / narendra reddy
BRS is Bank Reconciliation Statement.
the different between cash book and bank book
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Answer / suvarna ramesh machhi
THE PROCESS OF ADJUSTING AN A/C BALANCE REPORTED BY A BANK
TO REFLECT TRANSACTIONS THAT HAVE OCCURRED SINCE THE
REPORTING DATE.
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Answer / naresh
brs is ststemnt it prepared by the customer on aparticular date/year ending. the main objective of the brs to know the difference b/w bank balence as per cash book and bank balence as per pass book...
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