Answer Posted / naveen kumar.karumuri

BRS Means Bank reconciliation Statement.to concile the Bank balance as per our Books of Accounts and Bank balance as per Concern Bank Pass book. it is called As BRS,
For Ex.
Where the CB and PB not reconcile at the time of,
Cheque deposited but not collected for the Payment.
Cheque issued but not presented for the Payment
So in this cases both books of Accounts not Reconciled.

Thank you.

Naveen Kumar.Karumuri
Accounts Executive

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