what is BRS

Answer Posted / ravipolina

B.R.S means bank reconsilation statement. it is prepared
to know the differences between pass book &cash book balance

reasons for differences -
- cheques deposited but not yet collected
- cheques issued but not yet presented
-cheques dishonoured
- a cheque directly deposited by costoumer in the partys
a/c with out informing

following are some differences when cash book balances&
pass book balances does not match

Is This Answer Correct ?    45 Yes 8 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How can i prepare MIS report for Finance?

1961


Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note

1667


how enter service bill in the tally and what is the process of service bill. aganst service charge @ 10.3%, sercharge 2% cess 1%

2101


i want report country wise with invoice number for gl account

1743


Expand---------PED

1638






• What are the types of cash flows?

1708


What is the meaning of Debt reconciliation and how to do debt reconciliation?

1854


Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry

1560


let me know the difference between net cash flow and income

1751


Harpithas due Rs 55000 was settled infull by taking Haris due Rs 12500 in adjustment Pass necessary entry

1605


to attend interview for real estate company accounts

1540


EXPAND___________NBW

1464


let me know the minimum Accounting Heads in an accounting system

4216


hii,i was appeared in recruitment process of Catholic Syrian Bank.Interview question were general banking related... as what is crr,calling rate, current inflationrate etc

1589


how can i make configration relation with inflation in sap

1451