Answer / raman kumar

Bank Reconsilation statement is the statement in which we
have to reconcile the two balance's balance as per cash
book and balance as per bank pass book.The purpose of
preparing such a statement is to find out the cause of
difference betbeen two balance's and pass correcting and
adjusting entrie's in the books of firm.

Answer / murali royal

Finding the reasons between cash book and poss book is called
as reconsiliaton as per BRS. Bank reconsiliation statement.

Answer / swarna kumari

reconciling the balance as shown by the bank passbook and balance as shown by the cashbook.Purpose of BRS is to know the difference and make adjustment entries.

Answer / syed nazare mehdi

reconciliation is nothing but it is the difference between
two balances which are cash book and pass book .this
transaction mainly done between bank and customer .the main
purpose to create brs is to make both cash and pass book
balances are equal.

Answer / supriya chavan

BRS is Bank Reconciliation Statement prepared to find out difference between bank book in company's accounting software and bank pass book because of delay cheque clearance by banks and to match the balances of bank book and pass book at month end.

what is the golden rules of accounting?

8 Answers   Chartered Accountant,

hello I want to know that how export any ledger to excell from tally 5.4

2 Answers  

what are the suggestions to control NPA in rural areas?

0 Answers   State Bank Of India SBI,

Let me know the differences between singlr entry and double entry system of accounts

3 Answers  

what is the entry for goods sent from one factory to another under inter branch transfer sale of the same compny and what should be the valuation for this purpose?

0 Answers   GTL,

Under the SORP, do you have to disclose fees received by a trustee for a professional service even if you have a charging clause in the Governing Document?

1 Answers  

what is the need of creation of cost centre in a company ?

2 Answers  

Answered but misspelled pl correct ONE OF THE MAIN EXTERNAL USERS OF ACCOUNTING INFORMATION (ANS.SREKANB)

1 Answers  

Where we show Service Tax Due ( Credit Balance ) in Balance Sheet?

2 Answers   BPL,

what is Contra Asset?

5 Answers   RR Donnelley, RRDonnelley,

what is the procedure to get the duplicate Cform in case the original is lost in transit.

2 Answers  

How long are you working as thise field? Why did you choose to make your career in thise field?

1 Answers   Infosys,