Bank Reconciliation:

Which of the following is found on the debit side of the cash book?

• Direct debit payment

• Standing order payments

• Dishonoured cheques

• Interest received

Which of the following is not an automated transaction?

• Unpresented cheque

• Credit transfer

• Bank charges

• Standing order

• (a)

• (b)

• (c)

• (d)

A cheque which a bank will not process due to it being unpresented for a long period is known as a:

• Dishonoured cheque

• Stale cheque

• Bouncing cheque

• Dated cheque

When bringing the cash book up to date, which of the following does not appear as a debit entry?

• Credit transfer

• Dividends received

• Interest received

• Standing order

• (a)

• (b)

• (C)

• (d)

Which of the following is a correct procedure for bank reconciliation?

• Updated cash book balance + unpresentedc heques + uncredited deposits

• Bank statement balance – unpresented cheques – uncredited depositis

• Updated cash book balance – unpresented cheques + uncredited deposits

• Bank statement balance – unpresented cheques + uncredited deposits

1. A bank statement showed a credit balance of Rs.300 on 31 March. On that date unpresented cheques amounted to Rs.120. What was the cash book balance on 31 March?

• Rs.180 credit

• Rs.180 debit

• Rs.420 credit

• Rs.420 credit

1. A Trader compared his cash book (bank Column), which had a debit balance of Rs.70, with his bank statement. He found that bank charges, Rs.10, had not been recorded in his books, and that a cheque for Rs.18 which had issued had not been presented.

What was the balance on his bank statement?

• Rs.62 credit

• Rs.62 debit

• Rs.78 dredit

• Rs.78 credit

1. A Trader’s cash book had a debit balance of Rs.50. When the bank statement arrived he saw that a customer’s cheque for Rs.80 had been dishonoured, and that the bank had charges him Rs.10 in bank charges.

What was the balance on the cash book when it had been updated?

• Rs.20 credit

• Rs.40 credit

• Rs.120 debit

• Rs.140 debit