Class 11 Commerce Bank Reconciliation Statement — practice questions
13 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice 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: