What is BRS? What is the use of BRS?
Answers were Sorted based on User's Feedback
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.
Is This Answer Correct ? | 4 Yes | 4 No |
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 .
Is This Answer Correct ? | 2 Yes | 4 No |
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.
Is This Answer Correct ? | 1 Yes | 4 No |
if sale aganst c form interstate sale.when i file the return party not give me c form then give by our company wich type panelty give me detail?
Ratio Analysis with its Ratios
what is Current Accountant ?
Dear Sir/Madam, Executive Trainee...Finance I had been called for NTPC Group discussion and GD please guide me for getting success in GD and interview...
what is brs
define cheque
What do you mean by capital?
How much is to be DEBT/EQUITY ratio to be a good company...???
15. Which statement about ADRs is true? a) An ADR is the receipt for the shares of a foreign based corporation held in U.S bank b) ADRs do not trade on U.S exchange c) ADRs give non U.S investors a way to buy non US company shares in the US market. d) The holder of an ADR is entitled to only the dividends for the security
4 Answers Capital IQ, FactSet Systems, Wells Fargo,
what will be shown under bank reconciliation statement?
What is the Difference between Real Accont and Nominal Account?
16 Answers GE, KPMG,
retained earnings will change over time due to what factors, retained earnings will increase.