Exams

BRS - Bank Reconciliation Statement

A bank reconciliation statement is a statement prepared by organizations to reconcile the balance of cash at bank in a company's own records with the bank statement on a particular date.

The differences may arise because of the following reasons:

     - Cheques deposited into bank but not yet collected by bank

     - Cheques issued by the organization but not yet presented for payment

     - Cheques directly deposited by customers into the bank

     - Bank charges debited by bank

     - Interest credited or some receipts directly collected by bank based on org. request.

     - Some payments directly made by bank based on the organizations request.

So, the statement shows the reasons as what are the reasons for difference in balance.

The Farmers Alliance was an organized agrarian economic movement among American farmers that developed and flourished in 1875.

One of the goals of the organization was to end the adverse effects of the crop-lien system on farmers in the period following the American Civil War.

The Farmer's Alliance moved into politics in the early 1890s under the banner of the People's Party, commonly known as the "Populists."

Let the filling capacity of the pump be x m3/min. 

Then, emptying capacity of the pump=(x+10)m3/min.  

so,2400x-2400x+10=8 ⇔x2+10x-3000=0 

⇒x-50+x+60=0 ⇔x=50

India is the second largest producer of Rice in the World. Rice is the most cultivated crop in India.

According to 2002-2003 census, about 33 million hectares of area in India was cultivated with Rice.

We know that I = PTR/100
=> P = 20250/4.5 = 4500
Now, new Interest at 5% = 4500x1x5/100 = 225
Now the additional amount = 225 - 202.5 = Rs. 22.5