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CBSE
Class 11 Accountancy
Bank Reconciliation Statement
Quiz 2
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A pass book is a copy of
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A customer’s account in the bank’s books
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Cash book relating to bank column
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Cash book relating to cash column
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Firm’s receipts and payments
Explanation
A customer’s account in the bank’s books
A bank reconciliation statement is prepared with the balance of:
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Cash book
0%
Pass book
0%
Either cash book or pass book
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Neither cash book nor pass book
Explanation
Either cash book or pass book
Unfavourable bank balances means:
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Credit balance in the cash book
0%
debit balance in the pass book
0%
Debit balance in the cash book
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Favourable balance in the cash book
Explanation
debit balance in the pass book
In cash book, the favourable balance indicates
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Credit Balance
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Debit Balance
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Bank Overdraft
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Adjusted Balance
Explanation
Debit Balance
On the bank statement, cash deposited by the company is known as
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Credit
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Debit
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Liability
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Expenses
Explanation
Credit
Bank reconciliation statement compares a bank statement with _________
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Cash payment journal
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Cash receipt journal
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Financial statements
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Cashbook
Explanation
Cashbook
What is “Deposit in transit” in bank reconciliation?
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Added to Bank Balance
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Subtracted From Bank Balance
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Subtracted From the Cash Book Balance
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Added to Cashbook Balance
Explanation
Added to Bank Balance
‘NSF’ marked in cheque sent back by the bank indicates
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Cheque has been forged
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A bank couldn’t verify the identity
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No sufficient money
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A cheque cannot be cashed because it’s illegal
Explanation
No sufficient money
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