Bank Reconciliation Statement

When the balance as per cash book is the starting point directly deposit by customers are

• added

• subtracted

• not required to adjust

• neither of the two

A bank reconcile statement is

• Part of the cash book
• Part of Bank account
• Part of financial statement
• None of the above

Debit balance as per cash book of ABC Ltd as on 31.03.2017 is ₹ 1500 . Cheques deposited but not cleared amounts to ₹ 100 and cheques issued but not presented of ₹ 150. The bank allowed interest amounting ₹ 50 and collected dividend ₹50 on behalf of ABC Ltd. Balance as per Pass Book should be

• 1600

• 1450

• 1850

• 1650

The Cash Book showed overdraft of ₹ 1500 as cash at bank but the pass book made up to the same date showed that cheques of ₹ 100 ,₹ 50, ₹125 respectively has not presented for payment and the cheques of ₹ 400 paid into the account and had not been cleared. The balance as per the pass book will be

• 1100

• 2175

• 1625

• 1375

If the final balance in the bank statement is ₹3900 Cr, unpresented cheques equal ₹500 and outstanding deposits total ₹900, the final balance in the business's bank account is:

• ₹4300 Dr

• ₹4300 Cr

• ₹3500 Cr

• ₹3500 Dr

If the final balance in the bank reconciliation statement is ₹5600 Dr, the opening balance in the bank account is ₹2100 Dr, the amount of payments during the month is ₹22400 and the amount of outstanding deposits is ₹300, the amount of receipts during the month is:

• ₹25900

• ₹14700

• ₹18900

• ₹14400