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what is the BRS
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Bank Reconciliation Statement is at the end of a month or year that is 31 March.
We need to confirm the original balance comparing with the cash book & bank statement.
Whether the issued cheques are cleared or not cleared at the bank. And the cheque receipts submitted in the bank are credit or not in the pass book.
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Answer / himanshu singhal
BRS is not a forming part of business.
BRS is the difference between the cash book and pass book.
BRS is prepared by the cystomers of bank.
| Is This Answer Correct ? | 1 Yes | 4 No |
Answer / guest
Bank reconciliation statement is an statement in which bank reconciliation is done
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