Overview

The prospect will be learning about Who , When & Why of preparing BRS, Reasons for differences in the balance of Cash/ Bank book & Bank Pass book, Various types of Cash books, Formats of Cash book & Bank Pass book, 3 Rules of Preparing BRS, Formats of Cashbook & Bank books, Methods of preparing BRS, Adjusted Cash book, Smart and Easy Tricks to prepare BRS., Various types of problems.It helps the students to identify various items which are subject matter of differences and reasons attributable to differences in both the set of books of accounts. It helps to understand the Rule of Balance of which book is to be considered as CORRECT, Which book the entries are to be passed, and Which Book balance should be considered as a Starting balance. It also teaches as to with which book balance the BRS will be closed. The formats of Cash book helps students to understand as to what will be recorded on Debit side and what type of entries on Credit side. How is the format of Bank pass book different from Cash book. It further helps to understand as to what entries are to be considered while preparing Adjusted Cash book and which are not to be considered while preparing Adjusted Cash book

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