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Bank Reconciliation Statement (BRS)

Bank Reconciliation Statement (BRS)

Author: Jamshed Ali
Description:

Shows how to Reconcile differences between Cash Book and Bank Statement Balances.

(more)
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Tutorial

Updating Cash Book

Source: www.youtube.com

Bank Recompilation statement

Key Terms:

  • Bank Statement
  • Bank Reconciliation Statement 
  • Unpresented/Outstanding Cheques
  • Uncredited Cheques/Lodgements
  • Standing Orders
  • Direct Debits
  • Credit Transfers/Direct Credits
  • Dishonoured Cheques

 

 

Source: Self

BRS1

CIE past exam questions.

Full Screen

Source: www.cie.org.uk

BRS2

Another set of past paper questions on the topic.

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Source: www.cie.org.uk