Answer / darvesi

BRS indicates Bank reconcilation statment . It is prepare
to recounciles the bank accounts.Generally Debit and credit
balances does not maches due to check deposits and check
issue may not presented.
Uses:

We can ascertain the accurate balances of bank
it protect company repudation because when the cheque
cancelled it may lose some repudation. So it is very
impartance.
we have number of uses.

Answer / pradeep

BRS is a statement which is prepaired by a componay's
account department its show the actual balance in compony
book after issuing all cheque .

Answer / binay seth

BRS(BANK RECONCILIATION STATEMENT)MEANS A STATEMENT PREPARED BY COMPANY TO SHOW THE PROPER DEBIT AND CREDIT BALANCE OF COMPANY BOOKS.
WHEN A COMPANY ISSUE A CHEQUE IT WAS DEBITED BY BANK
AND WHEN A COMPANY RECEIVES ANY CHEQUE THEN IT WAS CREDITED BY
BANK.
AND IN CASE OF COMPANY THE REVERSE WAS SHOWN.

Answered but misspelled pl correc IT Financilas means profit and loss a/c,balance sheet including (Ans.LESSEHEDU)

1 Answers  

---

what is the difference between f.f.s and c.f.s?

0 Answers  

---

what is accounting standard ?

2 Answers   GE Healthcare, Virchow Biotech,

---

What is difference between profit, revenue?

1 Answers  

---

How do the accounting standards facilitate the work of accountants?

1 Answers  

---

Short Answer on -----Working capital

2 Answers  

---

what are the three basic acounting principles.what is account reconcilliation.what is portfolio management

10 Answers   GE, Syntel,

---

What is the significance of Journal entry

2 Answers  

---

what is open item management?

2 Answers   Keane India Ltd,

---

what quick books how to prepare

1 Answers  

---

From the following data calculate (i) P/V Ratio (ii) Profit when sales are Rs.20,000 and (iii) the new Break-Even Point, if the selling price is reduced by 20% Fixed expenses Rs. 4,000 Break-Even-Pont Rs. 10,000

8 Answers   Apollo, MBA, Techno Labs,

---

Can you provide provision for contigent liablites?

3 Answers  

---