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2015-09-24T05:56:20+05:30
B.R.S. is a statement prepared to know the difference between balance cash book ( bank column ) and pass book. CASH BOOK Dr. - Favourable Balance Cr. - overdraft or unfav. Balance PASS BOOK Cr. - Overdraft Dr.- Favourable Balance 1. When we issue cheque from bank the Cash Book decreases ↓ . 2. When we deposit cheque into the bank the Cash Book Increases. ↑ Effect on Cash book and Pass Book. 1. Cheque issue - C.B. → Decrease ↓ 2. Cheque deposit - C.B. → Increase ↑ 3. Cheque dishonour - Always P.B. ↓
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