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Answer Posted / 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.
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