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Bank Reconcilia...

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  • Question 1
    1 / -0

    Difference in balance as per pass book and balance as per cash book due to ______ is termed as difference arising due to errors in recording the transaction.

  • Question 2
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    Which one of these is not a cause of difference in balance as per pass book and as per cash book?

  • Question 3
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    Difference in balance as per pass book and balance as per cash book due to _____________ is termed as difference arising due to errors in recording the transaction and not a timing difference.

  • Question 4
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    Difference in balance as per pass book and balance as per cash book due to ________ is not termed as timing difference.

  • Question 5
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    Mr. $$Y$$ presented three cheques of $$Rs. 3,000, Rs. 4,500$$ and $$Rs. 3,600$$ with the bank on $$28th\ March, 2014$$. Out of these cheques amounting to $$Rs. 4,500$$ and $$Rs. 3,000$$ were shown in the pass book in the month of April $$2014$$. While reconciling the balance on $$31-03-2014$$ which of these cheques would be taken in reconciliation.

  • Question 6
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    If we take balance as per pass book, ___________ will be deducted to get balance as per cash book.

  • Question 7
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    Mr. A issued cheques worth Rs. 10,000 in March 2014 out of which cheque worth Rs. 7,000 only were presented for payment by 31st March, 2014. While reconciling bank and cash book balance as on 31st March, 2014, how much would be added to balance as per cash book to arrive at balance as per Pass book 

  • Question 8
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    Mr. X issued cheques worth $$Rs. 15,000$$ in March $$2014$$ out of which cheques worth $$Rs. 10,000$$ only were presented for payment by $$31st\ March, 2014$$. While reconiling bank and cash book balance as on $$31st\ March, 2014$$, how much would be added to balance as per cash book to arrive at balance as per Pass book.

  • Question 9
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    Mr. X had two accounts, one current account and another saving bank A/c in a nationalized bank. He drew a cheque of $$Rs. 5,000$$ on saving bank but credited to Current A/c in his cash book. Similarly a cheque of $$Rs. 2,000$$ deposited in current A/c was debited to Saving Bank A/c. What would be effect of these errors in Bank pass books/ Bank statement of these two A/cs?

  • Question 10
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    Which of the following are the salient features of bank reconciliation statement?

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