CBSE Class 11 (Commerce) Bank Reconciliation Statement — practice questions
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Practice CBSE Class 11 (Commerce) Bank Reconciliation Statement in the app →A Bank Reconciliation Statement is prepared to reconcile the balance of the cash book with the balance of the:The bank column of the cash book is maintained by the:The pass book (bank statement) is maintained by the:A cheque that has been issued but not yet presented to the bank for payment is called an:Bank charges debited by the bank but not yet recorded in the cash book will make the pass book balance:A favourable balance as per the cash book is shown as a ___ balance in the cash book:A bank overdraft represents a:Interest allowed by the bank, not yet entered in the cash book, will make the pass book balance:A cheque deposited into the bank but not yet collected and credited by the bank is a:The differences between the cash book and the pass book balances mainly arise due to:If a cheque issued by the firm is not presented for payment, the pass book balance will be ___ the cash book bAmounts directly deposited by customers into the firm's bank account increase the:A Bank Reconciliation Statement is prepared as on a:In a bank passbook, deposits made by the customer appear in which column?If withdrawals exceed deposits, the passbook shows what kind of balance?A cheque issued by a firm is first entered on which side of its cash book?When does the bank debit the firm for a cheque it issued?Clearing delays are most common for which kind of cheque?How does a firm learn of bank collection charges?A customer pays directly into the firm's bank account. Passbook then shows?When does a firm record interest collected by its bank in the cash book?Which is paid by a bank on standing instructions?A deposited cheque bounces and the bank debits it. Cash book unchanged. Then?Which difference is an error, not a time gap?Normally, a firm's cash book bank column shows a debit balance. The passbook then shows what?A credit balance in the bank column of the cash book indicates what?A favourable balance as per the cash book means what?A debit balance in the cash book corresponds to which balance in the passbook?What is a bank overdraft?How does a bank statement signal an overdraft?How is an overdraft treated in a bank reconciliation statement?Starting from the cash book balance, cheques deposited but not yet collected are treated how?Starting from the cash book balance, interest on overdraft debited by the bank is treated how?If the passbook balance is the starting point, how are items treated compared with the cash book start?After adjusting all items, the net balance should equal which balance?What does a firm need in order to prepare a bank reconciliation statement?The cash book can serve as which two accounts at once?Cash book Rs 80,000, unpresented Rs 10,000, uncollected Rs 4,000. Passbook?Cash book Rs 25,000; dividend Rs 3,000 and charges Rs 200 unrecorded. Passbook?Cash book Rs 18,000; a deposited cheque of Rs 1,500 bounced, unrecorded. Passbook?Cash book Rs 40,000; bank paid premium Rs 2,400 and rent Rs 6,000. Passbook?The cash book shows Rs 12,000. A customer paid Rs 3,000 directly into the bank. What is the passbook balance?Overdraft per cash book Rs 8,000, uncollected 2,000, unpresented 800, charges 160. Passbook?Cash book overdraft Rs 15,000; bank charged Rs 500; Rs 3,000 unpresented. Passbook overdraft?Passbook overdraft Rs 20,000; Rs 6,000 cheques deposited but uncollected. Cash book overdraft?Two cheques of Rs 3,900 and Rs 2,350 were deposited but credited by the bank next month. What total is adjusteCash book shows Rs 20,000, but a Rs 5,000 issued cheque was entered twice. Correct balance?A debit balance of Rs 1,500 was carried forward as credit. The balance is wrong by?Payment side was undercast by Rs 100; balance shown Rs 10,000. Correct balance?Cash book Rs 48,000, passbook Rs 51,500; only unpresented cheques differ. Their total?Unpresented cheques make a favourable cash book balance what versus the passbook?Insurance premium paid by bank on standing order: passbook versus cash book?Why do unpresented cheques create a difference?Wrong totalling in the bank's records of deposits is which type of difference?