Answer Posted / lxmi1972
BRS- Bank Reconciliation Statement
Why BRS?---This is a reconciliation statement prepared by
comparing the transactions posted in the Bank Book and
Bank. By doing this, open items can be found and fixed
accordingly,in a timely manner(particularly at the time of
Month end close)
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
What is cash flow and fund flow?
Explain have you ever prepared mis reports and what are these?
what is a corporate chart of accounts and its purpose?
please send me banking question on my email ID as I have been selected for state bank of india .my email ID is sawant.supriya51@gmail.com
How to prepare HSD statements in tally
entry for cash received from debtors
Is there Disqualification of Auditor u/s 139 of Companies Act 2013 if the auditor is indebted towards the company to be appointed as an auditor, if amount exceeds more than Rs.1000 as against the provision related to Companies Act, 1956 ?
Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
What is accounting & why it is used?
can any body tell me the procedure to learn accountancy with easy tips.i.e., layman accounting policy and rules of debit and credit.
What is Capital Commitments means?
WHAT ARE THE DIFFICULT ELEMENT OFF JOB
How can do it TDS in accounts?
Definition of push down accounting
the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled