What is the purpose of preparing BRS? What are the uses?

Answer Posted / sandeep

for reconsiling the cash book and pass book entries
BRS will be prepared.

1) finds the diff.
2) errors will be deducted.

Is This Answer Correct ?    11 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how to prepare for accontant examinations

1624


What is account in accounting?

645


How to pass VAT retention entry on computer and Furniture

2416


What is the definition of manual accounting?

730


iam working with tally ERP.9,but iam dont prepared reconciliation,trial balance,profit&loss,balance sheet etc.bcoz all these activicties done in head office.plz give me citeria where iam prepared.

2578






professional tax payment for april 2017 paid from ranbeers credit card what are the expesses booking entry in tally

1011


which subsidiary book is source of these:debit note,credit slip,

1549


Explain me what makes a successful account manager?

612


what is the deference between depreciation explanation

1698


2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.

1807


Who is debtor purchaser

1480


how to calculate vat,pf,esi,service tax in corporate firm

1524


Recall a time when you faced a dissatisfied and aggressive customer. How did you handle it?

606


Please guide in details about Payroll in Tally.erp9??

1780


Is there a difference between accounting for conversion of bonds and accounting for the conversion of preferred stock?

552