Self Studies

Bank Reconcilia...

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  • Question 1
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    Overdraft as per cash book means ___________.

  • Question 2
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    A Bank Reconciliation Statement is prepared to know the causes for the difference between ___________________.

  • Question 3
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    Which of the following are the salient features of bank reconciliation statement?

  • Question 4
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    The credit balance of Rs 1,000 in the bank column of the cash book was carried forward as its debit balance. When overdraft as per pass book is the starting point, _____________.

  • Question 5
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    When overdraft as per pass book is the starting point, bank charges of Rs 100 recorded twice in cash book will be ___________.

  • Question 6
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    Bank column of cash book showed bank balance of $$Rs. 9950$$. While reconciling the bank balance it was noticed that a cheque issued and paid by the bank $$Rs. 5100$$ was wrongly shown on the debit side of bank column as $$Rs. 510$$, bank charges amounting to $$Rs. 210$$, LIC payment of $$Rs. 1200$$ made by the bank as per standing instruction were not accounted in the cash book. Find the adjusted balance of cash as per cash book.

  • Question 7
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    Debit balance as per Cash Book is Rs 2,000, cheques deposited but not cleared amounts to Rs 100 and Cheques issued but not presented of Rs 150. The bank allowed interest amounting to Rs 50 and collected dividend Rs 50. Balance as per pass book should be ____________.

  • Question 8
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    When balance as per cash book is the starting point,cheque deposited but not cleared are____for the purpose of reconciliation of balance with bank passbook

  • Question 9
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    When the overdraft as per cash book is the starting point, a cheque for Rs 500 deposited into bank but not recorded in cash book will be _________.

  • Question 10
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    Bank balance as per cash book (Dr.) Rs.$$10,000$$. A comparison of pass book and cash book revealed the following -
     -Rs.$$590$$ was wrongly debited by bank
     -Transfer by bank to another account with no advice Rs.$$2,500$$.
    Balance as per pass book will be __________.

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