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what is BRS
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Answer Posted / tungapati nagaraju
BRS is the Bank Reconcilation statement it is statement to
reconcile the Books of accounts. It is the balancing of
bank book and bankers statement.The reason for the
difference is i.e cheques deposited but not credited by
bank,cheques drawn but not presented for the payment,
cheques dishonoured.
| Is This Answer Correct ? | 7 Yes | 2 No |
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