What do you mean by Bank Reconsilation Statement?

Ans.1) BRS (Bank Reconciliation Statement) is a statement which completes the tallying work of Bank account with that of Cash account. I believe that this is not that important when we deal with House Bank.(Correct me please)

Ans.2) to adjust the difference between bank passbook and company cash book is calles brs

Ans.3) bank rencilation statements are prepared if balance of bank account as shown in cash book differs from balance as shown in passbook. this statement shows the reasons or transactions because of which balances as shown in cash book and pass book are not tallying with each other.