Bank Reconciliation Statement

Double column or triple column cash book is prepared to record cash and bank transactions. In the current scenario, bank services are very important for any trade or business. To pay and to receive the amount of payment and recovery through a bank is also very popular. In the modern age quantum of transactions with the bank have also increased manifold.

Generally, if a trader and bank, both parties, have recorded all transactions, correctly and without any mistake, the balance of the bank account in the ledger of a trader and balance as per passbook should tally. But because of the errors committed or omission in recording the transactions either by a bank or a trader or due to other reasons, if a difference arises between the balance a per bank account and the balance as per passbook, it becomes necessary to find out the reasons of such difference. After detection of the reason, a statement prepared to reconcile the balance as per the bank account and as per the passbook is known as the bank reconciliation statement or bank reconciliation.

Course Includes-

• Video Lectures on BRS (Approx time-144 min)
• Practical Sums with Solution
• Notes of the Chapter
• Quiz to evaluate the process

The outcome of the Course:

• The learner will come across the various methods by which BRS is prepared
• Concept clarity on the reasons due to which balances are not tallied
• Knowledge of the topics of Passbook and Bank Book
• Knowing about the preparation of BRS

 

Language: Hindi and English

The learner will be allowed to view the course two times. 

The query will be solved if posted in the forum with #BRS