Self Studies

Bank Reconcilia...

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  • Question 1
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    The Balance of the reconciliation of the cash ledger book reconcile with the cash in the register is an example of:

  • Question 2
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    Jubin Ltd. receives a check for Rs. 100 records it in cash book and deposits it on the same day. A statement sent by the bank that day does not show this Rs. 100. How is this shown on the bank reconciliation statement?

  • Question 3
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    Passbook balance shows Rs. 2,000 as overdrawn. When bank statement is received, it was identified that one of debtors has deposited Rs. 500 into the account and bank charges of 30 had been debited to the account. Bank Statement balance is:

  • Question 4
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    Following details are related to a firm's banking transactions at 31st March, 2023. Balance as per bank statement Rs. 22,650 ; uncleared lodgments Rs. 3,110 ; unpresented cheques Rs. 6,290. Bank credit recorded twice by bank in error as Rs. 650 . Which balance for cash book at bank should appear in the balance sheet as at 31st March, 2023?

  • Question 5
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    Cash book and bank statement show __________ balance.

  • Question 6
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    An unadjusted balance in cash book is because of the result of which error?

  • Question 7
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    When cash is deposited into bank then which account would be debited in the company accounts?

  • Question 8
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    The reason behind prepairing a Bank Reconciliation Statement is:

  • Question 9
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    How many ways are there to prepare Bank Reconciliation Statement?

  • Question 10
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    A statement which is used to reconcile the bank balance as per cash book and bank statement is called:

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