Definitions [1]
Definition : Bank Reconciliation Statement (BRS)
A Bank Reconciliation Statement is an accounting statement prepared to compare the balance shown in a company’s cash book with the balance shown in the bank statement, listing and explaining any differences, so records are accurate and complete.
Concepts [4]
- Bank Reconciliation Statement(BRS)
- Preparation of an Amended Cash Book and a Bank Reconciliation Statement from the Given Cash Book Balance
- Preparation of an Amended Cash Book and a Bank Reconciliation Statement from the Given Cash Book Balance
- Preparation of an Amended Cash Book and a Bank Reconciliation Statement from the Extract of the Cash Book as Well as the Pass Book Relating to the Same Month
