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  GeekInterview.com  >  Interview Questions  >  Accounting  >  Accounts Receivables

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Question:  BRS

Answer: what is brs


December 12, 2008 04:23:51 #3
 jani basha   Member Since: December 2008    Total Comments: 2 

RE: BRS
 
Bank Reconsilation statement through which comparison of the pass book amounts with cash book amounts or equal the cash book amounts with pass book amount by some adjustments.
That adjustments are some transaction writen in one book and not writen in another book that type of transaction find and adjusted in reconsilation statement through which same amounts are got in two books

In reconsilation statement you take passbook amount at the end of statement you will get cash book amount vice versa.
Through which statement you will get  missing transations and adjusted.
     

 

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