Bank Reconciliation Statement
Commerce ⇒ Accountancy
Bank Reconciliation Statement starts at 11 and continues till grade 12.
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A cheque of ₹2,500 deposited was omitted to be entered in the cash book. What adjustment is required in the Bank Reconciliation Statement?
A cheque of ₹3,000 issued to a supplier was not presented for payment. How will this be shown in the Bank Reconciliation Statement if starting with the cash book balance?
A cheque of ₹4,000 deposited was credited by the bank as ₹400. What adjustment is required in the Bank Reconciliation Statement?
A cheque of ₹5,000 deposited by you is dishonoured but no entry is made in the cash book. What adjustment is required in the Bank Reconciliation Statement?
A cheque of ₹2,500 deposited was omitted to be entered in the cash book. What adjustment is required in the Bank Reconciliation Statement?
A cheque of ₹3,000 issued to a supplier was not presented for payment. How will this be shown in the Bank Reconciliation Statement if starting with the cash book balance?
A cheque of ₹4,000 deposited was credited by the bank as ₹400. What adjustment is required in the Bank Reconciliation Statement?
A cheque of ₹5,000 deposited by you is dishonoured but no entry is made in the cash book. What adjustment is required in the Bank Reconciliation Statement?
Which of the following is a direct entry by the bank? (1) Cheques issued, (2) Cheques deposited, (3) Interest credited, (4) Cheques dishonoured
Which of the following is added to the pass book balance to arrive at the cash book balance? (1) Cheques issued but not presented, (2) Cheques deposited but not credited, (3) Bank charges, (4) Cheques dishonoured
Which of the following is NOT a cause for difference in balances? (1) Cheques issued but not presented, (2) Cheques deposited but not credited, (3) Cash withdrawn from bank for office use, (4) Direct deposit by customer
Which of the following is NOT a reason for the difference between the cash book and pass book balances? (1) Cheques issued but not yet presented, (2) Cheques deposited but not yet credited, (3) Errors in recording transactions, (4) Payment of salary in cash
Fill in the blank: Bank charges debited by the bank but not yet entered in the cash book will make the pass book balance _______ than the cash book balance.
Fill in the blank: Cheques issued but not yet presented for payment will cause the balance as per cash book to be _______ than the balance as per pass book.
Fill in the blank: If a cheque deposited is dishonoured and no entry is made in the cash book, the cash book balance will be _______ than the pass book balance.
Fill in the blank: If a cheque issued is recorded twice in the cash book, the cash book balance will be _______ than the pass book balance.
State whether the following is True or False: Bank Reconciliation Statement can be prepared at any time during the year.
State whether the following is True or False: Cheques deposited but not yet credited by the bank will increase the pass book balance.
State whether the following is True or False: Overdraft as per pass book means the account holder has withdrawn more than the balance available.
State whether the following statement is True or False: Errors committed by the bank are also a cause for difference in balances.
