1.
Bank Reconciliation Statement is prepared so that the difference between the undermentioned balances can be reconciled:
1 out of 10
2.
If balance in the bank statement shows ₹ 3,000 (Dr.) and there are deposits of ₹ 800 not yet credited and unpresented cheques totalling ₹ 500, the balance in the Cash Book should be:
2 out of 10
3.
Bank Reconciliation Statement is prepared:
3 out of 10
4.
Bank charges ₹ 5,000 debited twice in pass book. What should be done in BRS if overdraft as per cash book is starting point?
4 out of 10
5.
A bank reconciliation statement is prepared to ascertain the causes of differences between:
5 out of 10
6.
Following details are related to a firm's banking transactions at 31st March, 2019. Balance as per bank statement ₹ 22,650; uncleared lodgements ₹ 3,110; unpresented cheques ₹ 6,290. Bank credit recorded twice by bank in error as ₹ 650. Which balance for cash at bank should appear in the Balance Sheet as at 31st March, 2019?
6 out of 10
7.
Unfavourable bank balance means:
7 out of 10
8.
Overdraft as per Cash Book is ₹ 10,000. Cheques deposited but not credited ₹ 2,500. Cheques issued but not encashed ₹ 3,500. What is the balance as per Pass Book?
8 out of 10
9.
Which of the following is not a part of Double Entry System?
9 out of 10
10.
Payment done by the account holder through issuing a cheque is entered in:
10 out of 10
