Bank Reconciliation Statement 0 Bank Reconciliation Statement 1 / 29 Q.30 Unfavorable cash book balance indicates ________. Credit balance in pass book Debit balance in cash book Credit balance in cash book Debit balance in pass book 2 / 29 Q.29 The debit balance of cash book is _________. Plus column Minus column A & B both None of the above 3 / 29 Q.28 Unfavorable pass book balance indicates _________. Credit balance in pass book Debit balance in cash book Credit balance in cash book Debit balance in pass book 4 / 29 Q.27 _______ provides overdraft facility. Current A/c Saving A/c Recurring deposit Fixed deposit 5 / 29 Q.26 Overdraft means _______ balance of pass book. Debit Credit Closing Opening 6 / 29 Q.25 Bank gives overdraft facility to _______ account. Savings Current Fixed deposit Recurring 7 / 29 Q.24 When cheque is ________ into Bank, cash book is debited. Issued Deposited Dishonored Written 8 / 29 Q.23 Pass book is _________ of account holder’s transaction with the bank. An extract Balance sheet Balance Mode 9 / 29 Q.22 Bank Reconciliation Statement is prepared by ________. Trader Bank Seller Student 10 / 29 Q.21 Cheques deposited Rs.1,000 remained uncollected. In the BRS starting with Pass Book o0verdraft This amount will be ignored Rs.2,000 will be added to Pass Book overdraft Rs.1,000 will be added to Pass Book overdraft Rs.1,000 will be deducted to Pass Book overdraft 11 / 29 Q.20 A debtor has directly deposited Rs.350 in the Bank account. In the BRS starting with Pass Book overdraft - Rs.350 will be added to Pass Book overdraft Rs.700 will be added to Pass Book overdraft This amount will be ignored Rs.350 will be deducted from Pass Book overdraft 12 / 29 Q.19 Bank had directly collected, under standing instructions from Mahesh , Rs.400 being dividend on shares. In the BRS starting with Pass Book balance Rs.400 will be added to Pass Book balance Rs.800 will be deducted from Pass Book balance This will be ignored Rs.400 will be deducted from Pass Book balance 13 / 29 Q.18 Bank has debited Rs.150 for Bank charges in the Pass-book balance, this item will be Added to Cash Book balance Deducted from Cash Book balance Ignored Deducted twice from Cash Book balance 14 / 29 Q.17 When preparing a Bank Reconciliation Statement if you start with balance as per Pass Book , cheques paid by Bank recorded twice in Pass Book Rs.1050 will be ------------- Added Deducted Not required to be adjusted None of the three 15 / 29 Q.16 When credit balance as per Pass Book is the starting point, Bank charges are - Subtracted Added Neither of the two None 16 / 29 Q.15 When balance as per Cash Book is the starting point, and cheques issued for payment Rs.400 was wrongly credit by Bank as Rs.900 then in the Bank reconciliation statement cash balance will be Added by Rs.1300 Subtracted by Rs.1300 Added Rs.900 Subtracted by Rs.400 17 / 29 Q.14 When preparing a Bank reconciliation statement, if you start debit balance as per Cash Book, cheques sent to Bank but not collected should be ------- Added Deducted Not required to be adjusted None of the above 18 / 29 Q.13 Dr. balance as per Cash Book is Rs.3,000.Cheque issued but presented for payment Rs.500, Interest collected by Bank Rs.400 Deposit by a Customer direct into his Bank Rs. 250. Bank reconciliation statement will show balance as per Pass Book -------- Rs.4150 Rs.4000 Rs.4500 None of the above 19 / 29 Q.11 Which of the following items appearing on a Bank reconciliation would require an adjusting entry? Outstanding cheques Deposits in transit Interest on balance Adjusted cash balance 20 / 29 Q.11 Which of the following items appearing on a Bank reconciliation would require an adjusting entry? Outstanding cheques Deposits in transit Interest on balance Adjusted cash balance 21 / 29 Q.10 A bank reconciliation statement is prepared with the balance of Cash Book Pass Book Either Cash Book of cash column Neither Cash Book nor Pass Book 22 / 29 Q.9 Entry in credit side of Bank Pass Book implies Cash withdrawn Cash/cheque deposited in Bank Business expenses Personal expenses 23 / 29 Q.8 which of the following item is not to be appear in the Bank reconciliation statement if the balance as per the amended cash book is taken as starting point uncollected cheque unpresented cheques a wrong entry in the pass book a correct entry in the pass book but not appearing in the cash book 24 / 29 Q.7 which of the following item is to be adjusted in the amended cash book uncollected cheque unpresented cheques a wrong entry in the pass book a correct entry in the pass book but not appearing in the cash book 25 / 29 Q.6 deposit column of pass book showed a wrong entry of Rs.112.When the balance as per cash book is the starting point Rs.112 to be added Rs,.112 to be subtracted not required to be adjusted None of these 26 / 29 Q.5 one outgoing cheque of Rs.112 recorded as Rs.121 in the cash book ( Note: This cheque was presented in the bank ).When the balance as per cash book is the starting point Rs.112 to be added Rs.121 to be added Rs.9 to be added Rs.112 to be subtracted 27 / 29 Q.4 A cheque of Rs.2,345 issued by miss meenu was recorded in deposit column as Rs.2,435 .To ascertain the balance as per cash book of miss meena Rs.2,345 should be added to the balance as per pass book Rs.2,435 should be subtracted from the balanced as per pass book Rs.4,780 should be subtracted from the balance as per pass book Rs.10 should be added to the balance as per pass book 28 / 29 Q.3 A bank reconciliation statement is a Part of cash book ledger account a statement showing the cause of difference between the cash book & a pass book balances None of these 29 / 29 Q.1 When the balance as per Cash book is the starting point , direct deposits by customers are Added Subtracted not required to be adjusted Neither of the two Your score is LinkedIn Facebook Twitter VKontakte
