Choose The Subtopic:
1. Accounting equation and more (Click to read)
Below are some of the most important questions on "Bank Reconciliation Statement". All questions are most likely to be asked in.
SSC, SSC CGL, SSC CHSL, UPSC, IBPS, UPPSC, RRB, RRB NTPC, RRB Group D, JKSSB, JKPSC.
for representation, suggestion or correction in any question please email us at studyweeklyofficial@gmail.com
When dealing with BRS,
while using missing method the credit side of cash book corresponds to
- C. Debit side of bank
statement
- D. None
- A. Debit
side of CB
- B. Credit
side of bank statement
Read the following
stat. With reference to BRS
I. A credit entry in pass book means a credit
entry in CB
II. Credit balance as
per cash book means unfavourable balance
- I false II
true
- I true II
true
- I false II false
- I true II
false
Debit balance of Bank
column of CB found over casted by ₹1000 when taking starting point as CB. while
preparing BRS, it should be____&
- Ignored
- Added
- Both b n c
- Subtracted
Credit balance in bank
passbook means
- A. Bank
overdraft
- D. None
- C. Balance
as per cash book
- Bank balance
Overcast of payment/credit
side in cash book
- It
increases the pass book balance
- It
decreases the pass book balance
- It
increases the cash book balance
- It decreases the cash
book balance
The item “interest on
investment" should be _____ by taking overdraft Balance as per CB
- No need to
take in BRS
- Subtracted
- None
- Added
Bank reconciliation
provides us difference between bank account and bank column of cash book, which
among the following term is not associated with BRS.
- Procedure
to provide cash book adjustments
- Memorandum
statement
- Reconcile
records
- Ledger account
A cash deposit made by
business appears on the bank statement as _______ balance
- Expenses
- Credit
- Debit
- Liability
Bank charge’s written
twice in cash book
- Decreases the cash
book balance
- Decreases
the pass book balance
- Increases
the cash book balance
- Increases
the pass book balance
When cash is deposited
into bank, then the following account would be debited in the company accounts
- D. None
- B.
Overdraft account
- C. Bank account
- A. Cash
account
Credit balance as per
pass book is
- D. None
- B. Favourable balance
- A. Unfavourable
balance
- C. Both a
and b
Bank reconciliation
statement is prepared by matching
- Entries in
pass book with entries in cash column of CB
- Entries in
pass book with entries in bank column and cash column of CB.
- Entries in pass book
with entries in bank column of CB
When we take starting
balance As per Cash book, “A discounted bill got dishonoured of ₹500. while
preparing BRS it will be
- Added in
pass book
- Added in
bank column of cash book
- Subtracted in bank
statement
The causes of
difference between Cash book and Pass Book are shown by
- Journal
- BRS
- Subsidiary
book
- Cash book
Under cast of receipt
Debit side in cash book
- It
decreases the pass book balances
- It decreases the cash
book balances
- It
increase’s the cash book balances
- It
increases the pass book balances
The outstanding cheque
is the missing entry of
- D. None
- C. Both
- B. Passbook
- A. Cash
book
Read the following statement
with reference to BRS.
After ascertaining the
reasons of difference, in either of two statements ( bank statement. Or bank
column of CB) The reconciliation can be done in how many ways
- 2
- 3
- 1
- 4
The causes of
difference between Cash book and Pass Book are shown by
- Journal
- Cash book
- Subsidiary
book
- BRS
Bank charges amounting
to ₹5000 was not entered in the CB. Identify the correct adjustment in CB
- Bank
charges will be debited in CB
- Bank charges
will be added to cash book balance
- Bank
charges need no adjustment in CB
- Bank charges will be
credited in CB
Overdraft balance As
per PB ," bills Collected and credited by the bank" but no advance received
by the company should be
- Subtracted
- Ignored
- Added
- None
Read the following
statement with reference to BRS,
I. Debit balance in bank statement means cash at
bank
II. A BRS is a
statement prepared by banker's accountant
- I true II
false
- I true II
true
- I false II false
- I False II
true
The cheque which is
issued to creditor and is not presented for payment is called?
- D. Dishonoured
cheque
- A.
Incredited cheque
- C. Omitted
cheque
- B. Outstanding cheque
₹1000 deposited in bank
account was entered twice in the CB. Identify the correct adjustment in CB
- 2000 will be
debited
- 1000 will be debited
- 2000 will be
credited
- 1000 will be
credited
In cash book bank
charges are recorded on.
- B. Debit
side
- D. None
- C. Both a
and b
- A. Credit side
When bank statement
shows a debit balance, it means
- D. None
- B. Unfavourable
balance as per cash book
- C. Unfavourable
balance as per bank book
- A. Overdraft
balance as per cash book
Considered the Below
two statements.
I. A credit entry in a pass
book mean, a credit entry in CB
II. Credit balance as
per cash book means unfavourable balance
- I true II
false
- I false II true
- I false II
false
- I true II
true
The cheque which is
deposited into bank but not cleared at the end of a particular year is called
- D. Dishonoured
cheque
- C. Omitted
cheque
- A. Uncredicted cheque
- B.
Unpresented cheque
Cheques amounting to
₹20000 was deposited in the bank. Of the cheques deposited One cheque amounting
to₹5000 was yet to cleared and another cheque amounting to₹4000 was dishonoured
, The Balance as per PB will be
- 3000
- 14000
- 5000
- 3500
A cash deposit made by
business appears on the bank statement as _______ balance
- Debit
- Liability
- Credit
- Expenses
Which of the following
would not affect bank reconciliation?
- A. Dishonoured
cheque
- B. Discount received
- C. Bank
interest
- D. Cheque
not presented