11th Grade > Accountancy
BANK RECONCILIATION STATEMENT MCQs
Total Questions : 30
| Page 2 of 3 pages
Answer: Option C. -> Rs 8,750
:
C
10,000+3,000-4,000-250=Rs 8750
:
C
10,000+3,000-4,000-250=Rs 8750
Answer: Option C. -> Rs 7,200 debit balance
:
C
Particulars
Amount
Credit balance as per pass book
9,250
Add:Credit card bill paid by bank
3,200
Less: Dividend received into bank account
2,500
Less: Direct deposits by customers
2,750
Debit balance as per cash book
7,200
:
C
Particulars
Amount
Credit balance as per pass book
9,250
Add:Credit card bill paid by bank
3,200
Less: Dividend received into bank account
2,500
Less: Direct deposits by customers
2,750
Debit balance as per cash book
7,200
Answer: Option B. -> Rs 6,050 debit balance
:
B
Particulars
Amount
Credit balance as per cash book(Overdraft)
4,700
Less:Cheques issued but not presented
1,200
Add: Cheques deposited but not collected
2,400
Add: Bank Charges
150
Debit balance as per pass book(Overdraft)
6,050
:
B
Particulars
Amount
Credit balance as per cash book(Overdraft)
4,700
Less:Cheques issued but not presented
1,200
Add: Cheques deposited but not collected
2,400
Add: Bank Charges
150
Debit balance as per pass book(Overdraft)
6,050
Answer: Option A. -> Rs 700 shall be added
:
A
Rs 700 shall be added to cash book as the same transaction is not appearing in bank pass book.
:
A
Rs 700 shall be added to cash book as the same transaction is not appearing in bank pass book.
Answer: Option C. -> Rs 9,300 credit balance
:
C
Debit balance(Overdraft) as per pass book: Rs 6,700
Add:Direct deposits by customer: Rs 4,800
Less: Bank interest debited by bank: Rs 200
Less:Insurance premium paid by bank: Rs 2,000
Credit balance as per cash book: Rs 9,300
:
C
Debit balance(Overdraft) as per pass book: Rs 6,700
Add:Direct deposits by customer: Rs 4,800
Less: Bank interest debited by bank: Rs 200
Less:Insurance premium paid by bank: Rs 2,000
Credit balance as per cash book: Rs 9,300
Answer: Option A. -> credit balance in cash book
:
A
Unfavourable bank balance means credit balance in cash book i.e overdraft balance
:
A
Unfavourable bank balance means credit balance in cash book i.e overdraft balance
Answer: Option B. -> Subtracted
:
B
Direct deductions by bankers are always subtracted in cash book because such transactions are not appearing in cash book but they are present in the bank statement.
:
B
Direct deductions by bankers are always subtracted in cash book because such transactions are not appearing in cash book but they are present in the bank statement.
Answer: Option B. -> Unpresented Cheques
:
B
Cheques that are issued by business but not yet presented to bank are known as Unpresented Cheques.
:
B
Cheques that are issued by business but not yet presented to bank are known as Unpresented Cheques.
Answer: Option C. -> Rs 11,000
:
C
Debit balance as per Cash Book : Rs 10,000
Less: Cheques deposited but not cleared Rs 3,000
Add: Cheques issued but not presented Rs 4,000
Balance as per pass book: Rs 11,000
:
C
Debit balance as per Cash Book : Rs 10,000
Less: Cheques deposited but not cleared Rs 3,000
Add: Cheques issued but not presented Rs 4,000
Balance as per pass book: Rs 11,000
Answer: Option C. -> Both A & B
:
C
Favourable bank balance means debit balance in cash book as well as credit balance in pass book.
:
C
Favourable bank balance means debit balance in cash book as well as credit balance in pass book.
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