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what is brs?
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Answer / suresh bandari
brs means bank reconsilation statement this statement shows
the diference between bank book and passbook some errors are
find. so this useful to balance sheet.
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Answer / krishnaveni
BRS means Bank reconciliation statement when the cash book
and the pass book are compared some times we are not found
that matched and these differences explain the BRS
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Answer / pradeep gunuguntla
BRS is stands for Bank Reconciliation statement.
it is showing the causes for difference between bank column
of cash book and pass book.
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Answer / vandana sharma
Bank Reconcilation Statement.
it give us the idea about how much is the balance in our
account, how much cheques we have issused which are yet not
presented in bank & how much cheque we have received which
are yet not cleared .
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Answer / sodna
Bank reconcilation statement.
Process of making sure of your bank satement,cash book and
bank book journal or day book all are agree. usually
prefarmed at the end of each month.
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Answer / animesh shrivastava
BRS Bank reconciliation statement to be prepare for
obtaining the actual balance of bank account.
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Answer / sivakumar
to reconcilation the balance shown in the bank pass book
and balance shown in the cash book.
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Answer / p.naresh
BRS stands for Bank Reconciliation Statement. BRS is
prepared for to know difference between bank book and our
cash book balances.
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Answer / p.aishwarya
BRS stands for Bank Reconciliation Statement. Bank
Reconciliation Statement is used to know the difference
between the bank cash book balance and bank pass book
balance. The completeness concept is applicable in the Bank
Reconciliation Statement.
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outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited
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