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satheesh


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Question { Capital IQ, 26275 }

what is the BRS


Answer

Bank Reconciliation Statement is at the end of a month or year that is 31 March.

We need to confirm the original balance comparing with the cash book & bank statement.

Whether the issued cheques are cleared or not cleared at the bank. And the cheque receipts submitted in the bank are credit or not in the pass book.

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