BRS 2

Bank Reconciliation Statement is started with

• Bank balance of the Cash Book

• Cash balance of the cash book

• Pass Book balance

• Bank Balance of cash book or pass book

Bank pass book of the account holder is a copy of

• the bank column in the cash book of the account holder

• the account in the books of a bank

• the cash columns in the cash book of a customer

• None of these

Bank Reconciliation is

• a part of Double Entry System

• not a part of Double Entry System

• a part of single entry system

• none of these

Balance shown in the Balance Sheet is that of

• Cash Book

• Bank Pass Book

• Adjusted Cash Book

• None of these

A business receives its bank statement showing the closing balance as 8,500 overdrawn. Its found that there were unpresented cheques of 2,000 and uncredited deposits of 1,500. Overdraft as per Cash Book is

• 5,000

• 8,000

• 9,000

• 12,000