Bank Reconciliation Statement Format with Example | BRS Format Last Updated : 21 Apr, 2025 Comments Improve Suggest changes Like Article Like Report Bank Reconciliation Statement is prepared to compare the balances of the cash book and passbook and correct the mistakes recorded in them. Bank Reconciliation Statement Format is prepared with 3 columns starting with particulars and two amount columns in which the amount that needs to be added back and the amount that needs to be deducted are recorded.Format of Bank Reconciliation Statement (BRS)Illustration:The balance of cash at bank as shown in the Cash Book of Sahil & Co. on 31st December 2021 was ₹8,200. On comparing it with the pass book, the following differences were noted:Cheque sent for collection amounting to ₹6,400 have not been cleared by the bank so far.Cheque issued but not presented for payment ₹4,000.Bank charges ₹200 not entered in the Cash Book.Credit of ₹500 in the pass book in respect of interest was not recorded in the Cash Book.A vendor deposited ₹2,000 directly in our bank account which was only recorded in the pass book.As per standing instructions of Sahil & Co., the bank has made the following payments:Insurance premium: ₹1,200Club Fees: ₹1,000Prepare a Bank Reconciliation Statement as on 31st December 2021. Solution: Comment More infoAdvertise with us Next Article Trial Balance Format S sukantkumar Follow Improve Article Tags : Accountancy Commerce Commerce - 11th Similar Reads Journal Entry Format Journal is a book in which all the transactions of a business are recorded for the first time. Every transaction affects two accounts, one is debited and the other one is credited. 'Debit' (Dr.) and 'Credit' (Cr,) are the two terms or signs used to denote the financial effect of any transaction. The 2 min read Ledger Format A ledger format has two sides i.e. Debit and Credit and columns of Date, Particulars, Journal Folio, and Amount on each side. A ledger is also known as the principal book of accounts, and its primary purpose is to transfer the transactions from journals into their respective accounts. Ledger is also 2 min read Bank Reconciliation Statement Format with Example | BRS Format Bank Reconciliation Statement is prepared to compare the balances of the cash book and passbook and correct the mistakes recorded in them. Bank Reconciliation Statement Format is prepared with 3 columns starting with particulars and two amount columns in which the amount that needs to be added back 1 min read Trial Balance Format Trial Balance format is prepared with columns of Particulars, Ledger Folio, and Debit and Credit balances. Trial Balance is basically a statement where all the debit balances of journal entries and ledger postings are recorded on the Dr. balance column of the trial balance, and all the credit balanc 1 min read Accounting Equation: Meaning, Formula, Components & Calculation The accounting equation is the foundation of double-entry accounting, representing the relationship between a company's assets, liabilities, and equity. Business is run through transactions. Transactions are financial in nature and they affect the financial position of any business. Every transactio 4 min read Cash Book Format Cash Book format is prepared as a ledger A/c having two sides i.e. Debit and Credit and columns of Date, Particulars, Journal Folio, and Amount on each side. A Cash Book is an Original Entry (or Prime Entry) book in which all cash and bank transactions are documented chronologically. When the busine 3 min read Balance Sheet Format Balance Sheet format is prepared either in Horizontal form or Vertical form. In the Horizontal form of the balance sheet format, assets and liabilities are shown side by side and in the vertical form of the balance sheet, assets, and liabilities are shown vertically. Â A Balance Sheet is a statement 2 min read Profit and Loss Account - Meaning, Format and General Instructions The accounting process ends with the preparation of the financial statement. The information about the financial position of any company is provided with the help of Financial Statements. The main objective of preparing the financial statement is to present a true and fair view of the financial perf 3 min read Cash Flow Statement Format Cash Flow Statement Format is prepared by taking operating, investing, and financing activities into consideration. All the transactions and information related to these three activities are summed up to prepare a cash flow statement format. The cash flow statement is a financial statement that prov 2 min read Common Size Balance Sheet Format Common-size balance sheet format is prepared with 4 columns starting from Particulars, Note No., Amount, and Percentage. A statement that shows the percentage relation of each asset/liability to the total assets/total of equity and liabilities, is known as a Common-size Balance Sheet. To express the 2 min read Like