What is mean by BRS?
Answers were Sorted based on User's Feedback
Answer / kavitha s
BRS- bank reconcilation statment, it has been prepared by
the accountant at the end of every month .
Is This Answer Correct ? | 34 Yes | 8 No |
Answer / rajesh
The process of comparing the amounts in the Cash account in
the general ledger to the amounts appearing on the bank
statement. The objective is to be certain that there is
consistency between the amounts and that the company's
amounts are accurate and complete
Is This Answer Correct ? | 12 Yes | 1 No |
Answer / umesh chandra pradhan
BRS is abbreviate of bank reconciliation statement ,which is
prepared end of every months.cash book reconcile with pass
book whether any difference arise between pass book and
cash book(bank column) or not,to know true cash
position,cheque presented,cheque discounted,any bank
interest and charges debited
Is This Answer Correct ? | 14 Yes | 4 No |
Answer / suresh
BRS is a stmt which contains complete and satisfactory
explations of bank statement and cash book. which prepared
month end.
Is This Answer Correct ? | 17 Yes | 9 No |
Answer / ramlavat
BRS is a statement to find out the difference between bank
pass book & cash book.
Is This Answer Correct ? | 6 Yes | 0 No |
Answer / kalai mani
BRS is bank reconcellation statement.to check closing
balance its correct or incorrect and same time chq payment
or chq recevable to tally with a/c its main purposes
Is This Answer Correct ? | 11 Yes | 6 No |
Answer / yogesh
Bank Reconciliation Statement is a statement from where the
accountant have to declare bank book & pass book balaces
must have to be equale and find why total is not equal.
Is This Answer Correct ? | 7 Yes | 2 No |
Answer / santosh
Bank Reconsilation statement through which comparison of the
pass book amounts with cash book amounts or equal the cash
book amounts with pass book amount by some adjustments.
That adjustments are some transaction writen in one book and
not writen in another book that type of transaction find and
adjusted in reconsilation statement through which same
amounts are got in two books
Is This Answer Correct ? | 6 Yes | 2 No |
Answer / suresh
bank reconciliation statement is a stmt., which shows
complete and satisfactory differences between the pass book
and cash book.
Is This Answer Correct ? | 6 Yes | 3 No |
Answer / vasudev karanth
BRS- bank reconsilation statement. this statement is
prepard for the purpose to match pass book and the cash
book of the company once in a month.
Is This Answer Correct ? | 4 Yes | 1 No |
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