Have you ever stared at BRS questions in JAIIB mock tests thinking, “Why are the balances never matching?” 😩
You’re not alone! Bank Reconciliation Statement often feels tricky — not because it’s tough, but because of the minor details and confusing entries. But what if I told you there’s a way to crack BRS numericals in seconds using a magic table? ✨
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In this video, we deep dive into everything you need to know about BRS — from basic concepts, real-world logic, to a proven shortcut table that helps you solve questions lightning fast. You’ll also learn:
- Why differences occur between Cashbook and Passbook
- What entries to add or subtract
- How to avoid silly mistakes with a structured approach
🎯 This session is a must-watch for all JAIIB 2025 aspirants, especially for those preparing for AFM (Accounting & Financial Management for Bankers).
So grab a notebook, hit play, and don’t forget to drop your doubts and “aha moments” in the comments below.👇
🎥 Video Breakdown
👉 Before we dive in, watch this video for a complete breakdown:
⏱️ Timestamp-Based Breakdown
00:00 – Why This Video is a Game-Changer
Learn how to score easy 5+ marks from one single topic in JAIIB — BRS. This session simplifies both theory and numericals, and helps avoid common confusion.
00:29 – What is BRS?
Bank Reconciliation Statement (BRS) is prepared to reconcile the difference between:
- Cashbook (Bank Column)
- Passbook / Bank Statement
01:03 – Real-Life Example of BRS
Firm ABC issued a cheque of ₹5,000 not yet presented:
- Cashbook: ₹45,000
- Passbook: ₹50,000
➡️ Result: ₹5,000 Difference
03:48 – Reasons for Differences in BRS
- Cheque issued but not presented
- Cheque deposited but not cleared
- Bank charges or interest debited
- Direct credits or debits
- Cheque dishonored
07:28 – Understanding Balance Types
| Balance Type | Cashbook Meaning | Passbook Meaning |
|---|---|---|
| Debit (Dr) | Current Account | Overdraft |
| Credit (Cr) | Overdraft | Current Account |
09:25 – Nature of Transactions
- Cheque Deposited → Cashbook Dr, Passbook Cr
- Cheque Issued → Cashbook Cr, Passbook Dr
- Bank Charges → Passbook Dr
- Direct Credit → Passbook Cr
12:12 – Sample BRS Format
Bank Reconciliation Statement As on [Date] Particulars | (+) | (–) --------------------------------------|-----|----- Cashbook Balance | | Add: Cheque issued not presented | ✔ | Less: Cheque not cleared | | ✔ Less: Bank Charges | | ✔ Final Balance (Passbook) | |
15:56 – Solving Questions: Step-by-Step
- CB Balance: ₹10,000
- Cheque issued: ₹1,000 (+)
- Cheque not cleared: ₹800 (–)
- Charges: ₹300 (–)
✅ Final PB Balance = ₹9,900
19:01 – Magic Shortcut Table: Memorize This!
| Code | Meaning | Sign (CB Current) |
|---|---|---|
| CD | Cheque Deposited (not cleared) | – |
| CI | Cheque Issued (not presented) | + |
| DD | Direct Debit (charges, EMI) | – |
| DC | Direct Credit (customer deposit) | + |
Repeat after me: CD CI DD DC ➡️ – + – +
22:10 – More Practice Questions Using Shortcut
Each scenario is explained clearly and helps build confidence for real exam questions.
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🏁 Conclusion
Let’s recap what you’ve learned:
- What BRS is and why it’s important
- Cashbook vs Passbook logic
- Magic shortcut table signs
- Multiple solved examples
💪 Now it’s your turn! Practice using the shortcut table and test your understanding.
Drop your questions in the comments, and subscribe for more JAIIB content. Happy learning! 🎯
📥 Download PDF Notes
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