Subject:
Business StudiesAuthor:
spencer45Created:
1 year agoAnswer:
For reconciling the balances as shown in the Cash Book and passbook a reconciliation statement is prepared known as Bank Reconciliation Statement or BRS. In other words, BRS is a statement that is prepared for reconciling the difference between balances as per the cash book's bank column and passbook on a given date.
Author:
paulatpvy
Rate an answer:
1