
Bank Reconciliation Statement
Authored by vidhya sreeraj
Other
11th Grade
Used 2+ times

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When money is withdrawn from bank, the bank ----------- the account of the customer.
Debit
Credit
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Normally, the cash book shows debit balance, pass book shows -------- balance.
Debit
Credit
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Favourable balance as per the cash book means --------------- balance in the bank column of the cash book.
Debit
Credit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A bank reconciliation statement is prepared by:
Creditors
Bank
Account holder in a bank
Debtors
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Overdraft bank balance means:
(a) Credit balance in passbook
(b) Credit balance in cash book
(c) Debit balance in cash book
(d) Both (b) and (c)
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the Cash amount as per the passbook is the beginning point, then the cheque issued but not presented for payment will be;
Added
Deducted
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the Cash amount as per the passbook debit balance is the beginning point, then the insurance premium paid by the bank as per the standing instructions will be;
Added
Deducted
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