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What do you mean by Bank Reconciliation Statement(BRS)?
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Answer Posted / basanti
BRS is a statement which is prepared for verifying &
reconciling the bank balances which is shown by cash book &
pass book and incorporate the reason of disagreement
between them.
| Is This Answer Correct ? | 45 Yes | 5 No |
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The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
