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Test: Bank Reconciliation Statement - 4


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14 Questions MCQ Test Accountancy Class 11 | Test: Bank Reconciliation Statement - 4

Test: Bank Reconciliation Statement - 4 for CA Foundation 2022 is part of Accountancy Class 11 preparation. The Test: Bank Reconciliation Statement - 4 questions and answers have been prepared according to the CA Foundation exam syllabus.The Test: Bank Reconciliation Statement - 4 MCQs are made for CA Foundation 2022 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Bank Reconciliation Statement - 4 below.
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Test: Bank Reconciliation Statement - 4 - Question 1

When the balance as per Cash Book is the starting point, direct deposits by customers are:

Test: Bank Reconciliation Statement - 4 - Question 2

The main purpose of preparing a bank reconciliation statement is?

Test: Bank Reconciliation Statement - 4 - Question 3

When balance as per Pass Book is the starting point, interest allowed by Bank is

Test: Bank Reconciliation Statement - 4 - Question 4

A Bank Reconciliation Statement is prepared with the help of:

Test: Bank Reconciliation Statement - 4 - Question 5

Debit balance as per Cash Book of ABC Enterprises as on 31.3.2006 is Rs. 1,500.Cheques deposited but not cleared amounts to Rs. 100 and Cheques issued but not presented of Rs. 150. The bank allowed interest amounting Rs. 50 and collected dividend Rs. 50 on behalf of ABC Enterprises. Balance as per pass book should be

Detailed Solution for Test: Bank Reconciliation Statement - 4 - Question 5

Test: Bank Reconciliation Statement - 4 - Question 6

The cashbook showed an overdraft of Rs. 2,000 as cash at bank, but the pass book,made up tothe same date showed that cheques of Rs. 200, Rs. 150 and Rs. 175 respectively had not been presented for payments; and the cheque of Rs. 600 paid into account had not been cleared. The balance as per the pass book will be

Detailed Solution for Test: Bank Reconciliation Statement - 4 - Question 6

 

Cash book = 2000 Cheque not been present cash book( +) beacause overdraft isliye(-)200+150+175=1475600 paid cash book less karte hain lekin overdraft hain isliye add karna padta hain to
2000-(200+150+175)+600=2075

Test: Bank Reconciliation Statement - 4 - Question 7

When drawing up a Bank Reconciliation Statement, if you start with a debit balance as per the Bank Statement, the unpresented cheques should be:

Detailed Solution for Test: Bank Reconciliation Statement - 4 - Question 7

Cheques issued but not presented for payment are entered in the cash book at the moment the cheques are drawn but would not be reflected in the pass book and so the cash book balance would be higher.
Therefore, when drawing up a bank reconciliation statement, if you start with a debit balance as per pass book, the cheques issued but not presented for payments should be added to reach the cash book balance.

Test: Bank Reconciliation Statement - 4 - Question 8

A debit balance in the depositor’s Cash Book will be shown as:

Test: Bank Reconciliation Statement - 4 - Question 9

When preparing a Bank Reconciliation Statement, if you start with a debit balance as per the Cash Book, cheques issued but not presented within the period should be:

Test: Bank Reconciliation Statement - 4 - Question 10

When the balance as per Pass Book is the starting point, direct payment by bank are:

Test: Bank Reconciliation Statement - 4 - Question 11

When balance as per Cash Book is the starting point, uncollected cheques are:

Test: Bank Reconciliation Statement - 4 - Question 12

A Bank Reconciliation Statement is prepared to know the causes for the difference between:

Test: Bank Reconciliation Statement - 4 - Question 13

When the balance as per Pass Book is the starting point, uncollected cheques are:

Test: Bank Reconciliation Statement - 4 - Question 14

When the balance as per Cash Book is the starting point, direct deposits by customers are

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