What do you mean by Bank Reconsilation Statement?

Showing Answers 1 - 4 of 4 Answers

Tejinder Khatkar

  • Aug 18th, 2006
 

bank rencilation statements are prepared  if balance of bank account as shown in cash book differs from balance as shown in passbook. this statement shows the reasons or transactions because of which balances as shown in cash book and pass book are not tallying with each other.

satya

  • Aug 20th, 2006
 

BRS (Bank Reconciliation Statement) is a statement which completes the tallying work of Bank account with that of Cash account.  I believe that this is not that important when we deal with House Bank.(Correct me please)

  Was this answer useful?  Yes

tharaka

  • Feb 1st, 2007
 

to adjust the difference between bank passbook and company cash book is calles brs

  Was this answer useful?  Yes

nilesh

  • Jun 8th, 2007
 

bank reconciliation statement means uncleared deposited & issued cheques.

  Was this answer useful?  Yes

Give your answer:

If you think the above answer is not correct, Please select a reason and add your answer below.

Answer Question

Click here to Login / Register your free account


 
Send   Reset

 

Related Answered Questions

 

Related Open Questions