Practice Test

Q1) When the balance as per Cash book is the starting point , direct deposits by customers are Show Answer

Q2) When balance as per pass book is the starting point , interest allowed by bank is Show Answer

Q3) Debit balance as per cash book of ABC Enterprise 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 colleted dividend Rs.50 on behalf on ABC Enterprises. Balance as per pass book should be Show Answer

Q4) The cash books shows an overdraft of Rs.1,500 and the cheque of Rs.100, Rs.50 and Rs.125 respectively has been presented for pay but not cleared. The balance as per the pass book will be Show Answer

Q5) When drawing up a bank reconciliation statement , if you start with a debit balance as per the bank statement , the unpresented cheques should be : Show Answer

Q6) A debit balance in the depositors' cash book will be shown as: Show Answer

Q7) 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 Show Answer

Q8) When the balance as per `pass book is the starting point , direct payment by bank are Show Answer

Q9) A bank reconciliation statement is prepared to know the cause for the difference between Show Answer

Q10) When balance as per pass book is the starting point ,uncollected cheques are Show Answer

Q11) When balance as per cash book is the starting point , interest charged by bank is Show Answer

Q12) A bank pass book is a copy of Show Answer

Q13) A bank reconciliation statement is a Show Answer

Q14) A bank reconciliation statement is a Show Answer

Q15) A bank reconciliation statement is prepared by Show Answer

Q16) A bank reconciliation statement is prepared with the help of Show Answer

Q17) A bank reconciliation statement is prepared to find out the cause of the difference between Show Answer

Q18) A bank reconciliation statement reconciles the Show Answer

Q19) A bank reconciliation statement is prepared to reconcile the difference in Show Answer

Q20) debit balance in cash book means Show Answer

Q21) credit balance in cash book means Show Answer

Q22) the difference in the balance of both the cash-book & the pass-book can be because of Show Answer

Q23) payment done by the account holder through issuing a cheque is entered in Show Answer

Q24) payment received by the account holder through issuing a cheque is entered in Show Answer

Q25) direct payment to the third party on behalf of the account holder is entered in Show Answer

Q26) direct payment received from the third party on behalf of the account holder is entered in Show Answer

Q27) following is not the salient feature of bank reconciliation statement Show Answer

Q28) a debit balance of Rs,1,000 has been brought forward as a credit balance of Rs.100 on the next page in the pass book .To ascertain the balance as per cash book Show Answer

Q29) A cheque of Rs.2,345 issued by miss meenu was recorded in deposit column as Rs.2,435 .To ascertain the balance as per cash book of miss meena Show Answer

Q30) The bank statement shows as overdrawn balance of Rs.2,000.A cheque for Rs.500 drawn in favour of a creditor has not yet been presented for payment .when the creditor presents the cheque for payment ,the bank balance will be Show Answer

Q31) debit balance as per cash book of ABC Enterprise as on 31.3.2006 is Rs.3000.Cheques deposited but not cleared amounts to Rs.200 and cheques issued but not presented of Rs.300. The bank allowed interest amounting Rs.100 and colleted dividend Rs.100 on behalf of ABC Enterprise. Balance as per pass book should be Show Answer

Q32) The cash books showed an overdraft of Rs.3,000 as cash at bank , but the pass book made upon the same date showed that cheque of Rs.200,Rs.100 and Rs.250 respectively had not been presented for payment & the cheque of Rs.800 paid into account had not been cleared . The balance as per the cash book will be Show Answer

Q33) While preparing a Bank reconciliation Statement taking the balance as per Cash book as the starting point, uncollected cheques are ; Show Answer

Q34) While preparing a Bank reconciliation Statement taking the balance as per Cash book as the starting point,unpresented cheques are ; Show Answer

Q35) While preparing a Bank reconciliation Statement taking the balance as per Cash book as the starting point,bank charges & interested charges are Show Answer

Q36) While preparing a Bank reconciliation Statement taking the balance as per Cash book as the starting point ,Interest allowed by bank are Show Answer

Q37) While preparing a Bank reconciliation Statement taking the balance as per Cash book as the starting point,direct payment are ; Show Answer

Q38) While preparing a Bank reconciliation Statement taking the balance as per Cash book as the starting point,direct collection by bank are Show Answer

Q39) While preparing a Bank reconciliation Statement taking the balance as per Cash book as the starting point,dishonour of discounted B /R are Show Answer

Q40) While preparing a Bank reconciliation Statement taking the balance as per Cash book as the starting point,cheque deposited but omitted to be recorded are Show Answer

Q41) While preparing a Bank reconciliation Statement taking the balance as per Cash book as the starting point,cheque recorded but omitted to be banked are Show Answer

Q42) While preparing a Bank reconciliation Statement taking the balance as per Cash book as the starting point,an under cast of bank column on debit side of cash book is Show Answer

Q43) While preparing a Bank reconciliation Statement taking the balance as per Cash book as the starting point,an under cast of bank column on credit side of cash book is Show Answer

Q44) While preparing a Bank reconciliation Statement taking the balance as per Cash book as the starting point, debit balance of Rs.112 brought forward as credit balance of Rs.121 is Show Answer

Q45) While preparing a Bank reconciliation Statement taking the balance as per Cash book as the starting point, a wrong credit in a pass book is Show Answer

Q46) While preparing a Bank reconciliation Statement taking the balance as per Cash book as the starting point, a wrong debit in a pass book is Show Answer

Q47) While preparing a Bank reconciliation Statement taking the balance as per Cash book as the starting point, an under casting of deposit column in pass book Show Answer

Q48) While preparing a Bank reconciliation Statement taking the balance as per Cash book as the starting point, an under casting of withdrawal column in pass book is Show Answer

Q49) A cheque of Rs.112 received from a debtor recorded in the cash Book but omitted to be banked .when balance as per cash book is the starting point Show Answer

Q50) A cheque of Rs.112 received from a debtor deposited but omitted to be recorded in the cash book (Note:Bank has collected & credited this cheque ).when balance as per cash book is the starting point Show Answer

Q51) A cheque of Rs.112 received from a debtor recorded twice in the cash Book .when balance as per cash book is the starting point Show Answer

Q52) A cheque of Rs.112 received from a debtor for Rs.121 in the cash column in the cash book (Note:Bank has collected & credited the cheque ).when balance as per cash book is the starting point Show Answer

Q53) A cheque of Rs.112 received from a debtor for Rs.121 in the bank column (Note:Bank has collected & credited the cheque ) .when balance as per cash book is the starting point Show Answer

Q54) one outgoing cheque of Rs.112 recorded in the cash book but omitted to sent to the creditor .When the balance as per cash book is the starting point Show Answer

Q55) one outgoing cheque of Rs.112 sent to the creditor but omitted to recorded in the cash book ( Note: This cheque was presented in the bank ).When the balance as per cash book is the starting point Show Answer

Q56) one outgoing cheque of Rs.112 recorded as Rs.121 in the cash column in the cash book ( Note: This cheque was presented in the bank ).When the balance as per cash book is the starting point Show Answer

Q57) one outgoing cheque of Rs.112 recorded as Rs.121 in the cash book ( Note: This cheque was presented in the bank ).When the balance as per cash book is the starting point Show Answer

Q58) the debit balance of Rs.112 as on the previous day was brought forward as a credit balance of Rs.121.When the balance as per cash book is the starting point Show Answer

Q59) the payment side of the cash book (bank column) was under cast by Rs.112.when the balance as per cash book is the starting point Show Answer

Q60) the receipt side of the cash book (bank column) was over cast by Rs,.112 When the balance as per cash book is the starting point Show Answer

Q61) a cash discount allowed of Rs.112 was recorded as Rs.121 in the bank column .When the balance as per cash book is the starting point Show Answer

Q62) deposit column of pass book showed a wrong entry of Rs.112.When the balance as per cash book is the starting point Show Answer

Q63) withdrawal column of the pass book showed a wrong entry of Rs.112.When the balance as per cash book is the starting point Show Answer

Q64) when balance as per cash book is the starting point which of the following is added Show Answer

Q65) when balance as per pass book is the starting point which of the following is subtracted Show Answer

Q66) when balance as per cash book is the starting point which of the following is subtracted Show Answer

Q67) when balance as per pass book is the starting point which of the following is added Show Answer

Q68) which of the following item is to be adjusted in the amended cash book Show Answer

Q69) which of the following item is not to be adjusted in the amended cash book Show Answer

Q70) which of the following item is to be appear in the Bank reconciliation statement if the balance as per the amended cash book is taken as starting point Show Answer

Q71) which of the following item is not to be appear in the Bank reconciliation statement if the balance as per the amended cash book is taken as starting point Show Answer

Q72) The difference in the balance of both the Case Book and the pass-book can be because of - Show Answer

Q73) Payment done by the account holder though issuing a cheque is entered in the pass-book Show Answer

Q74) Which of the following is /are not the salient features of Bank reconciliation statement - Show Answer

Q75) When Bank Reconciliation Statement is prepared - Show Answer

Q76) Bank reconciliation statement is prepared - Show Answer

Q77) The Pass Book balance will not be equal to the cash Bank balance, if - Show Answer

Q78) Pass Book balance will be equal to Cash Book balance if Show Answer

Q79) If the cheque is not presented for the payment upto the date of the preparation of the Bank Reconciliation Statement, then the balance as per Pass Book will be - Show Answer

Q80) Under bank reconciliation statement, while adjusting the Cash Book - Show Answer

Q81) If bank balance as per cashbook differs from that appearing in the current amount statement, then the balance consideration for finalizing the accounts is of - Show Answer

Q82) The Bank Reconciliation Statement is started with - Show Answer

Q83) When money is withdrawn from Bank, the Bank - Show Answer

Q84) Sumitra, a customer of Vijay deposited Rs. 1000 directly in his Bank A/c for this Sumita will debit the A/c of - Show Answer

Q85) The balance of Pass Book shows - Show Answer

Q86) Credit balance in the Cash Book means - Show Answer

Q87) While adjusting the cash balance which one of the following is not taken into account Show Answer

Q88) Which of these prepare Bank reconciliation statement ? Show Answer

Q89) Bank Pass Book is also known as ---------- Show Answer

Q90) Bank account is -------- Show Answer

Q91) Bank Overdraft as per Cash Book means Show Answer

Q92) Debit balance as per Pass Book means Show Answer

Q93) Which one of these is true about a Bank reconciliation statement ? Show Answer

Q94) Which one of these will require adjustment of Cash Book balance - Show Answer

Q95) Which one of these is not a cause of difference in balance Pass Book in and as Cash Book ? Show Answer

Q96) Which of Bank balance shown in trial balance? Show Answer

Q97) Which of these statements is true about Bank Pass Book ? Show Answer

Q98) Unfavorable balance as per Bank Pass Bank means which of these Show Answer

Q99) Bank reconciliation is prepared by Show Answer

Q100) Entry in credit side of Bank Pass Book implies Show Answer

Q101) Entry in debit side of Bank Cash Book implies Show Answer

Q102) Credit balance in Bank Pass Book means Show Answer

Q103) Which of these types of error are not detected during Bank reconciliation ? Show Answer

Q104) A Bank reconciliation statements is : Show Answer

Q105) A bank reconciliation statement is prepared with the balance of Show Answer

Q106) Which of the following items appearing on a Bank reconciliation would require an adjusting entry? Show Answer

Q107) The balance of Cash Book shown Show Answer

Q108) Which of the following will not considered while preparing an amended Cash Book Show Answer

Q109) In arriving at our adjusted cash balance which of the following is not to taken account Show Answer

Q110) A debit balance in the depositor's Cash Book will be shows as : Show Answer

Q111) There was difference in bank column of Cash Book and Pass Bank by Rs. 2,500. On scrutiny it was found that interest of Rs.500 charged directly by bank was not recorded in cashbook before reconciliation statement, interest of Rs. 500 is to be - Show Answer

Q112) A trader issued cheques worthy Rs.7800 out of which cheques worth Rs.6500 only presented into Bank. The amount to be added while reconciling the Cash Book with the Pass Book, will be : Show Answer

Q113) The Cash Book shows a balance of Rs.11,000 which was different from the Pass Book balance. the difference is found to be due to a credit entry in Pass Book amounting to Rs. 2,000 for direct payment by a customer are the debit of Rs.250 for Bank charged on collection of outstation cheques and other services. What would be the balance the Bank Pass Book ?
Show Answer

Q114) The Pass Book shows Rs.3,600 but Cash Book shows a different balance. While analyzing the difference, it was noticed that debit total of Cash Book was carried forwarded to next page as Rs.1,100 instead of Rs.1,000. Bills collected by Bank for Rs.1,500 were not recorded in Cash Book. What is the balance as per Cash Book Show Answer

Q115) Mr. T issued cheques worth Rs.25,000 in March 2009 out of which cheques worth Rs.10,000 were presented for payment by 31st march 2009 . Balance per Pass Book was Rs. 45,000. What is balance as per Cash Book ? Show Answer

Q116) Balance as per Cash Book was Book was Rs.48,000 on 31.1.08. A cheque issued for Rs.24,000 on 16th Jan. was not cleared till 31st Jan. Cheque worth Rs.10,000 received on 20th Jan. deposited on 21st was cleared on 27-1-08. Balance as per passbook on 31st January (assuming opening balance of passbook and Cash Book are equal) is Show Answer

Q117) Debit balance as per Cash Book of ABC as on 31.3.2009 is Rs. 1,500. Cheques deposited but not cleared is Rs.100 and Cheques issued but not presented is Rs.150. Bank allowed interest for Rs.50 and collected dividend Rs.50 on behalf of ABC. Balance as per pass Book should be Show Answer

Q118) The Cash Book showed an overdraft of Rs. 1,500, but the Pass Book made up to the same date should that cheques of Rs.100, Rs.50 and Rs.125 respectively had not been presented for for payments; and the cheques of Rs.400 paid into account had not been cleared. The balance as per the pass Book will be - Show Answer

Q119) Balance as per Cash Book is Rs.5,000. Cheques issued but not presented for payment Rs.2,000 and cheques sent for collection but not collected Rs.1,500. The Bank had wrongly debited the account of firm by Rs.200. Balance as per Pass Book will be Show Answer

Q120) Mr. X issued cheques worth Rs.15,000 in March 2009 out of which cheque worth Rs.10,000 only were presented for payment by 31st march, 2009. while reconciliation Bank and would be added to balance as on 31st March 2009,how much would be added to balance as per Cash Book to arrive at balance as per Pass Book. Show Answer

Q121) Mr. Y presented three cheques Rs.3,000, Rs.4,500 and Rs.3,600 with the Bank on 28th March, 2009 out of these cheques, cheques amounting to 4,500 and Rs.3,000 were shown in the Pass Book in the month of April 2009. While reconciling the balance on 31-3-2009 which of these cheques would be taken in reconciliation Show Answer

Q122) Balance as per Pass Book is Rs.2,430
Cheques deposited but not yet credited Rs.1,390
Bank Charges entered in Pass Book Rs.260
Cheques issued not presented for payment Rs.1,710
Balance as per Cash Book will be - Show Answer

Q123) Overdraft as per Cash Book Rs.6,340
Cheques deposited but not credited Rs. 2,360
Cheques issued not presented for payment Rs.2,368
Overdraft as Pass Book will be Show Answer

Q124) Bank overdraft as per Cash Book Rs.13,000
Cheque deposited but not credited Rs.3,000
Cheques issued by not presented Rs.6,000
Overdraft as per Bank statement will be Show Answer

Q125) Over draft as per Pass Book is given Rs.10000
(a) Cheques deposited in Bank but not recorded in Cash Book Rs.100
(b) Cheques drawn not presented for payment Rs.6000
(c) Bank charges recorded twice in Cash Book Rs.30 Overdraft as per Cash Book will be Show Answer

Q126) Dr. balance as per Cash Book is Rs.3,000.Cheque issued but presented for payment Rs.500, Interest collected by Bank Rs.400 Deposit by a Customer direct into his Bank Rs. 250. Bank reconciliation statement will show balance as per Pass Book -------- Show Answer

Q127) Bank overdraft as per Cash Book is Rs.2500
Cheque deposited but cleared Rs.1000
Cheque issued but not cashed Rs.1400
Bank overdraft as per Bank statement will be Show Answer

Q128) Overdraft as per Cash Book is Rs.4500
(1) Cheques sent for collection, not credited by Bank Rs. 6,225
(2) Cheque drawn, not presented for payment Rs.10,250
Overdraft as per Pass will be Show Answer

Q129) Balance as per adjusted Cash Book Rs.274
Cheques not yet presented Rs.730
Cheques deposited not yet recorded by Bank Rs.477
Balance as per Pass Book will be
Show Answer

Q130) Balance as per Cash Book on 31.03.2009 Rs. 10,000 Cheque issued and presented on 4th April Rs. 2,300 .
Cheque sent to Bank but not credited Rs.2,000. B/P paid by Bank not entered in Cash Book Rs.800.
Balance on per Pass Book will be -
Show Answer

Q131) Overdraft as per Cash Book on 31st Dec.2009 Rs.10,500.
Cheque sent for collection but not collected Rs.8,250
Cheque issued but not presented for payment Rs.12,000.
Balance as per Pass Book overdraft will be -

Show Answer

Q132) The cashbook showed an overdraft of Rs. 2,000 as cash at Bank, but the Pass book made up to the same date showed that cheques of Rs.200, Rs.150 and Rs.175 represented had not been presented for payments; and the cheque of Rs.600 paid into account had not been cleared. The balance as per the Cash Book will be - Show Answer

Q133) Mr. Shyam deposited a cheque on 28th March, 2009 for a sum of Rs.10,000. The cheque was collected on 4th April 2009. If the Bank Balance as per Cash Book on 31st March, 2009 is Rs.1,00,000, balance as per Pass Book will be Show Answer

Q134) Bank Accounts balance of Mukesh was balanced on 31st March.It showed an O/D of Rs.50,000. It was observed that a cheque for Rs.20,000 deposited but not collected till 31st March. Bank charges Rs.500 were charged by Bank in March but accounted in the book Mukesh on April 4. The Bank statement show balance of : Show Answer

Q135) When debit balance as per Cash Book is the starting point, un-presented cheques are: Show Answer

Q136) When favaurable balance as per Cash Book starting Point, un-presented cheques are : Show Answer

Q137) When preparing a Bank reconciliation statement, if you start balance as per Cash Book, then dividends directed collected by Bank but not yet entered in Cash Book within the period are- Show Answer

Q138) When preparing a Bank reconciliation statement, if you start debit balance as per Cash Book, cheques sent to Bank but not collected should be ------- Show Answer

Q139) An amount of Rs.2,500 is debited twice in the Bank column of Cash Bank. When credit balance as per Pass Book is the starting point which one of these adjustment would be done at the time of reconciliation Show Answer

Q140) While preparing Bank reconciliation statement from Debit Balance of Cash Book cheques paid into Bank but not yet cleared are Show Answer

Q141) When favourable balance as per Cash as per Cash Book is the starting point, wrong debit given by Bank will be Show Answer

Q142) In the Bank reconciliation statement, when balance as per Cash Book is taken on the starting point, then interest collected by Bank 500 and direct deposit by a customer into his Bank Rs. 2500 will be - Show Answer

Q143) In the Bank Reconciliation Statement, when balance as per the Cash book is taken as the starting point, then direct deposits from the customer of Rs.2500 in the Bank will be Show Answer

Q144) These is a difference of Rs.200 between the Cash Book and the Pass Book on 2-1-2009. This is balance of the cheque of Rs. 200 deposited on 2-1-2009 but credited (on clearing ) by the Bank on the next day i.e. 3-1-2009. In the BRS as on 2-1-2009, stating with Cash Book balance, Rs.200 will be Show Answer

Q145) Rs.27,000 was transferred from Bank Account No. II to Bank Account No. I by the Bank Without advice to Bharat. In the BRS as on 31-12-2009,starting with Cash Book balance, this item will be Show Answer

Q146) Bank credited Rs.625 for interest in Pass-Book. In BRS, stating with Cash Book balance, this item will be - Show Answer

Q147) A cheque for Rs.14,272 deposited by B into A/c No. II. is credited by the Bank in A/c No. I.In BRS on 31.12.09, starting with Cash Book balance, this item will be Show Answer

Q148) These is a difference of Rs.50 between Cash Book and Pass Book on 4-1-2009.This is due to the cheque of Rs. 50 issued on 4-1-2009 but debited (on presentation) by the Bank on 6-1-2009. In the BRS as on 4-1-2009, starting with Cash Book Balance, Rs.50 will be Show Answer

Q149) Bank has charged Rs.10 as incidental charges in respect of both Bank A/c I and II. In the BRS as on 31-12-2009,starting with Cash Book balance ,This item will be Show Answer

Q150) Bank has depited Rs.150 for Bank charges in Pass-book. In the BRS, starting with Cash Book, this item will be Show Answer

Q151) Cheque of Rs.250 received on 30-04-2009 but deposited on 01-05-2009. In the BRS as on 30-04-2009, starting with Cash Book balance, this item will be Show Answer

Q152) Cheques amounting to Rs.15,421, issued in A/c No. I in December 2009 were not yet presented to the Bank. In the BRS as on 31-12-2009, starting with Cash Book balance, these items will be Show Answer

Q153) Cheque drawn in April 2009 but presented in May 2009; Rs. 1,525. In the BRS , starting with Cash Book balance, these item will be

Show Answer

Q154) Cheque of Rs.1,225 deposited on 29-04-2009, realized on 08-05-2009, In the BRS as on 30-04-2009, starting with Cash Book balance, this item will be Show Answer

Q155) Cheque received from customers and deposited in the Bank were not credited in Pass-book for Rs.1,000. In the BRS, starting with Cash Book balance, this item will be

Show Answer

Q156) Creditors were given cheques for payment of which the following creditors have not presented to the Bank: Ramchandra- Rs.9,00 , Shyamchandra - Rs.1,200. In the BRS, starting with Cash Book balance,these items will be

Show Answer

Q157) Bank has debited Rs.125 for commission in Pass-book. In the BRS , starting with Cash Book, this item will be Show Answer

Q158) These is a difference of Rs.25 between the Cash Book and the Pass Book on 7-1-2009. This is because the Bank charges of Rs.25 debited by the Bank on 7-1-2009. In the BRS as on 7-1-2009, starting with Cash Book balance, Rs.25 will be Show Answer

Q159) Cheque of Rs.750 deposited on 25-04-2009, realized on 05-05-2009. In the BRS as on 30-04-2009, starting with Cash Book balance, this item will be - Show Answer

Q160) A cheque for Rs.5,000 issued to Eshwar was recorded in the Cash Book for Rs.500. In the BRS, starting with Cash Book balance Show Answer

Q161) The receipt side of the Cash Book was overcast by Rs.1,000. In the BRS,starting with Cash Book balance Show Answer

Q162) A cheque deposited amounting to Rs.1,000 is dishonoured. Bank has debited the amount of the cheque and Rs.15 for its charges. In the BRS, starting with Cash Book balance Show Answer

Q163) When balance as per Cash Book is the starting point, and cheques issued for payment Rs.400 was wrongly credit by Bank as Rs.900 then in the Bank reconciliation statement cash balance will be Show Answer

Q164) When balance as per Cash Book (debit balance )as on 31st March is the starting point, what will be the effect while preparing Bank reconciliation statement when out cheques amounting to Rs.5,000 deposited cheques aggregating Rs.1,500 were credited in March and cheques aggregating Rs.2,000 credited in April and the rest have not been collected ? Show Answer

Q165) The debit side of the Pass Book was under-cast by Rs.7,000.In the BRS, starting with Cash Book balance Show Answer

Q166) These is difference of Rs.15 between the Cash Book and the Pass Book on 7-1-2009. This is because the interest of Rs.10 creditd by the Bank on 7-1-2009. In the BRS as on 7-1-2009 starting with Cash Book Balance,Rs.10 will be Show Answer

Q167) In BRS, when balance as per Cash Book is taken as the starting point, Bank charges debited by Bank Rs.10, Cheques paid in but dishonoured Rs.200 and cheques paid in but credited by Bank Rs. 950 will be - Show Answer

Q168) A cheque for Rs.7,000 received from Girish was reconded on the payment side of the Cash Book. In the BRS, starting with Cash Book balance Show Answer

Q169) Cheque of Rs.6,250 deposited on 08-4-2009,realized on 14-4-2009.In the BRS as on 30-4-2009, statrting with Cash balance, this item will be Show Answer

Q170) A cheque of Rs. 4,000 issued to Dinkar was recorded twice in the Cash Book. In the BRS,starting with Cash Book balance Show Answer

Q171) One debtor deposited Rs.750 in the Bank account of Rajesh of which Rajesh had no information. In the BRS, starting with Cash Book balance, this item will be Show Answer

Q172) A cheque for Rs. 8,000 received from Hari was recorded properly in the Cash Book, but it was not deposited in the Bank by oversight. In the BRS,starting with Cash Book balance Show Answer

Q173) Cheque drawn in April 2009 but presented in May 2009:
Rs.1,225. In the BRS, starting with Cash Book balance, these items will be Show Answer

Q174) A cheque for Rs.9,000 drawn in favour of Irani was recorded properly in the Cash Book, but it was not sent to him by mistake. In the BRS,starting with Cash Book balance Show Answer

Q175) Debit Balance as per Cash Book of Narayan Enterprises as on 28th February 2009 is Rs.15,000.Cheques deposited but not cleared Rs.660 and cheques issued but not presented for Payment Rs.2150. balance a per Pass Book should be - Show Answer

Q176) A cheque for Rs. 2,000 issued to Bakul was omitted to be recorded in the Cash Book. In the BRS,starting with Cash Book balance Show Answer

Q177) A cheque for Rs.6,000 issued to Fakira was recorded on the Receipts side of the Cash Book. In the BRS, starting with Cash Book balance Show Answer

Q178) Bank has credited interset on investments, Rs.750, which is not reconded in Cash-book. In the BRS, starting with Cash Book balance, this item will be Show Answer

Q179) Bank has credited Rs.250 for interest in the Pass-book. In the BRS,starting with Cash book balance, this item will be Show Answer

Q180) When credit balance as per Pass Book is the starting point, Bank charges are - Show Answer

Q181) When the balance as per Pass Book is the starting point, cheques sent for collection but not collected are Show Answer

Q182) When preparing a Bank Reconciliation Statement,if you strat with credit balance as per Cash Book , then cheque deposited in Bank but not credited within the period are Show Answer

Q183) Cheques issued but not yet presented for payment Show Answer

Q184) Cheques paid into Bank but not yet cleared Show Answer

Q185) Interest allowed by the Bank Show Answer

Q186) Direct payment by a customer into the Bank Show Answer

Q187) Interest on investment collected by the Bank Show Answer

Q188) A wrong credit appear to have been given by the Bank Show Answer

Q189) When preparing a Bank Reconciliation Statement if you start with balance as per Pass Book , cheques paid by Bank recorded twice in Pass Book Rs.1050 will be ------------- Show Answer

Q190) Of the cheques of Rs.7,500 sent for collection, cheques worth Rs. 2,500 were not credited in the Pass Book. IN the BRS starting with Pass Book balance Show Answer

Q191) Bank has credited interest Rs.200 and debited Rs.50 for commission in the Pass Book balance Show Answer

Q192) Bank Book showed Rs.1,500 as cheque dishonoured and Rs.15 as Bank charges. In BRS starting with Pass Book-

Show Answer

Q193) Bank had directly paid Insurance Premium of Rs.150. In the BRS starting with Pass Book balance Show Answer

Q194) Mr. Krishaprasad a debtor deposited Rs.300 cash directly in the Bank account. In the BRS starting with Pass Book balance Show Answer

Q195) Bank has debited Rs.150 for Bank charges in the Pass-book balance, this item will be Show Answer

Q196) Bank had directly collected, under standing instructions from Mahesh , Rs.400 being dividend on shares. In the BRS starting with Pass Book balance Show Answer

Q197) Of the chaques of Rs.3,500,issued to creditors,cheques amounting to only Rs.2,500 were presented to Bank .In the BRS starting with Pass Book balance - Show Answer

Q198) When overdraft balance as per book per starting point wrong debit in the Pass Book balance will - Show Answer

Q199) While preparing a Bank Reconciliation Statement, if you start with overdraft as per Cash Book, then interest debited in Pass Book but not yet in Cash Book with in the period is Show Answer

Q200) When the overdraft as per Cash Book is the starting point, a cheque of Rs.500 deposited into Bank but not recorded in Cash Book will be : Show Answer

Q201) Cheques amounting to Rs.5,000 were paid into the Bank. Of these, cheques amounting to Rs.4,200 were cleared and credited by the Bank in the Pass Book. In the BRS starting with Cash Book overdraft Show Answer

Q202) A customer had paid Rs.850 directly into the Bank account. In the BRS starting with Cash Book overdraft Show Answer

Q203) The Bank had collected interest of Rs.1,200 on investments. This amount was not shown in the Cash Book. In the BRS starting with Cash Book overdraft Show Answer

Q204) The Cash Book showed an overdraft of Rs.1,500, but the Pass Book made up to the same date showed that cheques of Rs.100, Rs.50, Rs.125 respectively had not been presented for payments; and the cheque of Rs.400 paid into account had not cleared. The balance as per the pass Book will be - Show Answer

Q205) Credit balance of Rs.900 in the Bank column of the Cash Book was carried forward as its debit balance. when overdraft as per Pass Book is is the starting point, Show Answer

Q206) When debit balance as per Pass Book is the starting point, direct deposits by customers are : Show Answer

Q207) When drawing up a BRS, if you start with a debit balance as per the Bank Statement, cheques issued but not presented for payment should be : Show Answer

Q208) When overdraft as per Pass Book is the starting point, Bank charged of Rs.100 recorded twice in Cash Book will be Show Answer

Q209) The credit balance of Rs. 1,000 in the Bank column of the Cash Book was carried forward as its debit balance. When overdraft as per Pass Book is the starting point, Show Answer

Q210) Bank has directly paid Rs.1,250 for rent as per starting instruction. In BRS starting with Pass Book overdraft Show Answer

Q211) A debtor has directly deposited Rs.350 in the Bank account. In the BRS starting with Pass Book overdraft - Show Answer

Q212) Cheques deposited Rs.1,000 remained uncollected. In the BRS starting with Pass Book o0verdraft Show Answer

Q213) Bank had debited Rs.200 for interest on O/D and Rs.75 for Bank charges. In BRS starting with Pass Book O/D
Show Answer

Q214) Cheques issued amounting to Rs.2,000 remained unpaid. In the BRS starting with Pass Book overdraft- Show Answer

Q215) A cheque of Rs.550 is recorded in the Cash Book, but not sent to Bank for collected. In the BRS starting with Pass Book overdraft Show Answer

Q216) A Bank reconciliation Statement is : Show Answer

Q217) Unfavourable bank balance means: Show Answer

Q218) The Cash book showed an O/D of Rs.1,500 but the pass book made up to same date should that cheques of Rs.100, Rs.50 and Rs.125 are not presented and a Cheque of Rs.40 not cleared. Balance as per Cash Book will be Show Answer

Q219) The credit balance of Rs.2,000 in the bank column of the cash book carried forwarded as its debit balance. When overdraft as per Pass books is starting point : Show Answer

Q220) Which errors are not detected in Bank Recondition : Show Answer

Q221) Balance as per Cash book is Rs.5,000. Cheques issued not presented Rs.2,000 and cheques sent for collection not collected Rs.1,500. Bank had wrongly debited the account by Rs.20. Balance as per pass book will be : Show Answer

Q222) Balance shown by Cash Book Rs.10,000
Cheques issued not presented for payment. Rs.4,000
Cheques deposited but not yet collected. Rs.3,000
Balance as per Pass book will Show Answer

Q223) Favourable balance as per Cash Book means : Show Answer

Q224) In arriving at adjusted cash balance which of the following is not taken into account: Show Answer

Q225) If balance as per Pass is starting point, which will be deducted to get balance as per cash book - Show Answer

Q226) Bank balance shown in Trial Balance : Show Answer

Q227) When favourable balance as per cash book is the starting point, wrong debit by the bank to the firm will be - Show Answer

Q228) Credit balance as per cash book Rs.10,000
bank charged interest Rs.150
Cheques issued but not presented for Payment Rs.2,500
Balance as per Pass Book will be - Show Answer

Q229) When overdraft as per Cash book is starting point, a cheque of Rs. 500 deposited into bank but not recorded in cash book will be Show Answer

Q230) Overdraft as per Cash book means : Show Answer

Q231) If balance as per Pass Book is the starting point, then uncollected cheques are : Show Answer

Q232) Bank Reconciliation Statement is prepared by ________.
Show Answer

Q233) Pass book is _________ of account holder’s transaction with the bank.
Show Answer

Q234) When cheque is ________ into Bank, cash book is debited.
Show Answer

Q235) Bank gives overdraft facility to _______ account.
Show Answer

Q236) Overdraft means _______ balance of pass book.
Show Answer

Q237) _______ provides overdraft facility.
Show Answer

Q238) Unfavorable pass book balance indicates _________.
Show Answer

Q239) The debit balance of cash book is _________.
Show Answer

Q240) Unfavorable cash book balance indicates ________.
Show Answer

Q241) A bank is an institution which deals in Show Answer

Q242) Bank account is a . Show Answer

Q243) Which of the following type of account can be opened with bank ? Show Answer

Q244) When businessman pays money to bank it is known as . Show Answer

Q245) When businessman takes money from bank out of it's account it is known as . Show Answer

Q246) _____ is a copy of the client's a/c in the bank's ledger. Show Answer

Q247) Entry on the credit side of pass book implies Show Answer

Q248) Entry on the debit side of pass book implies Show Answer

Q249) The businessman prepares the ___ and the ___ is prepared by the bank. Show Answer

Q250) Favourable balance as per cash book means which of the following ? Show Answer

Q251) Unfavourable balance as per cash book means which of the following ? Show Answer

Q252) Favourable balance as per pass book means which of the following ? Show Answer

Q253) Unfavourable balance as per pass book means which of the following ? Show Answer

Q254) ____ is a statement which is prepared as on a particular date to reconcile the bank balance as per cash book with balance as per pass book by showing all causes of difference between the two Show Answer

Q255) A bank reconciliation statement is a statement prepared to reconcile ____ Show Answer

Q256) A bank reconciliation statement is prepared by ____ Show Answer

Q257) A bank reconciliation statement can be prepared by ____ Show Answer

Q258) Which of the following is/are cause of difference of balance between cash book & the pass book ? Show Answer

Q259) Which of the following is/are cause of difference of balance between cash book & the pass book ? Show Answer

Q260) Which of the following is/are cause of difference of balance between cash book & the pass book ? Show Answer

Q261) Which of the following is/are cause of difference of balance between cash book & the pass book ? Show Answer

Q262) Which of the following is/are cause of difference of balance between cash book & the pass book ? Show Answer

Q263) Which of the following is/are significance of BRS ? Show Answer

Q264) A bank reconciliation statement is a _____ Show Answer

Q265) A bank reconciliaition statement is prepared by ____ Show Answer

Q266) Which of the following is not the salient feature of bank reconciliation statement ? Show Answer

Q267) When balance as per cash book is the starting point, un-collected cheques are ____ Show Answer

Q268) When balance as per cash book is the starting point, cheques issued but not present for payments are _____ Show Answer

Q269) When balance as per cash book is the starting point, cheques deposited but dishonoured are _____ Show Answer

Q270) When balance as per cash book is the starting point, bank charges not recorded in cash book are _____ Show Answer

Q271) On 31st december bank balance as per cash book Rs.25450(Dr.) A comparison of pass book and cash book revealed the following : (a) Cheque deposited for Rs. 500 was not credited in pass book. (b) Out of cheques of Rs.5000 issued only cheques amounting to Rs.3750 were presented for payments. Balance as per pass book will be ________ Show Answer

Q272) Bank balance as per cash book Rs.25450(Dr.) A comparison of pass book and cash book revealed the following : (a) The bank had directly collected dividend of Rs.400 and interest of Rs.300. (b) As per standing instruction bank had paid bills of Rs.2000. Balance as per pass book will be ________ Show Answer

Q273) Bank balance as per cash book Rs.25450(Dr.) A comparison of pass book and cash book revealed the following : (a) Bank charges Rs.200 was not entered in cash book. (b) Cheques amounting to Rs.250 has been dishonoured but not recorded in cash book. Balance as per pass book will be ________ Show Answer

Q274) On 31st March, 2012, bank balance as per cash book Rs.10000(Dr.) A comparison of pass book and cash book revealed the following : (a) Cheque deposited for Rs. 10000 out of these cheques bank had credited cheques of Rs.2500. (b) Bank charges Rs.50 was not entered in cash book. Balance as per pass book will be ________ Show Answer

Q275) Bank balance as per cash book Rs.10000(Dr.) A comparison of pass book and cash book revealed the following : (a) Rs.590 was wrongly debited by bank. (b) Transfer by bank to another account with no advice of Rs.2500. Balance as per pass book will be ________ Show Answer

Q276) The cash book of N ltd. showed debit balance of Rs.6000. A comparison of pass book and cash book revealed the following : (a) Cheques amounting to Rs.250 has been dishonoured but not recorded in cash book. (b) Total of credit side bank column in cash book was under cast by Rs.475. Balance as per pass book will be ____ Show Answer

Q277) From the following information calculate balance as per pass book :- (a) Balance as per cash book (Dr.) - 1900 (b) Cash deposited in bank for Rs.100 but entered in cash book as - 90 (c) Transfer to saving bank account not entered in cash book - 1500 (d) Bank charges not recorded in cash book - 20 (e) Standing order payment - 30 Show Answer

Q278) On 31st december bank balance as per pass book Rs.50900(Cr.) A comparison of pass book and cash book revealed the following : (a) Cheque deposited for Rs. 1000 was not credited in pass book. (b) Out of cheques of Rs.10000 issued only cheques amounting to Rs.7500 were presented for payments. Balance as per cash book will be ________ Show Answer

Q279) Bank balance as per pass book Rs.5090(Cr.) A comparison of pass book and cash book revealed the following : (a) The bank had directly collected dividend of Rs.80 and interest of Rs.60. (b) As per standing instruction bank had paid bills of Rs.400. Balance as per cash book will be ________ Show Answer

Q280) Bank balance as per pass book Rs.76350(Cr.) A comparison of pass book and cash book revealed the following : (a) Bank charges Rs.600 was not entered in cash book. (b) Cheques amounting to Rs.750 has been dishonoured but not recorded in cash book. Balance as per cash book will be ________ Show Answer

Q281) On 31st March 2012 bank balance as per pass book Rs.20000(Cr.) A comparison of pass book and cash book revealed the following : (a) Cheque deposited for Rs. 20000 out of these cheques bank had credited cheques of Rs.5000. (b) Bank charges Rs.100 was not entered in cash book. Balance as per cash book will be ________ Show Answer

Q282) Bank balance as per pass book Rs.40000(Cr.) A comparison of pass book and cash book revealed the following : (a) Rs.2360 was wrongly debited by bank. (b) Transfer by bank to another account with no advice of Rs.10000. Balance as per cash book will be ________ Show Answer

Q283) The pass book of N ltd. showed credit balance of Rs.9000. A comparison of pass book and cash book revealed the following : (a) Cheques amounting to Rs.375 has been dishonoured but not recorded in cash book. (b) Total of credit column of cash was under cast by Rs.712.50. Balance as per cash book will be ____ Show Answer

Q284) From the following information calculate balance as per pass book :- (a) Balance as per pass book (Cr.) - 1520 (b) Cash deposited in bank for Rs.100 entered in cash book as Rs. 72 (c) Transfer to saving bank account not entered in cash book - 1200 (d) Bank charges not recorded in cash book - 16 (e) Standing order payment - 24 Show Answer

Q285) On 31st december overdraft as per cash book Rs.16200. A comparison of pass book and cash book revealed the following : (a) Cheque deposited for Rs. 700 was not credited in pass book. (b) Out of cheques of Rs.900 issued only cheques amounting to Rs.825 were presented for payments. Overdraft as per pass book will be ________ Show Answer

Q286) On 30th September overdraft as per cash book of Z ltd. was Rs.81000.The bank had directly collected dividend of other companies Rs.4375 and interest of Rs.3000. As per standing instruction bank had paid bills of Rs.6135.Cheque deposited for Rs.22324 was not credited in pass book. With the help of above information balance as per pass book should be ________ Show Answer

Q287) Overdraft as per cash book of B & Co. was Rs.30000. (a) The credit side of bank column of cash book was undercast by Rs.100. (b) Interest on bank loan Rs.2000 and bank charges of Rs.575 were not recorded in cash book. Overdraft balance as per pass book should be _______ Show Answer

Q288) On 31st december overdraft as per pass book Rs.19440. A comparison of pass book and cash book revealed the following : (a) Cheque deposited for Rs. 840 was not credited in pass book. (b) Out of cheques of Rs.1080 issued only cheques amounting to Rs.990 were presented for payments. Overdraft as per cash book will be ________ Show Answer

Q289) On 30th septemberoverdraft as per cash book of S ltd. was Rs.32400. (a) The bank had directly collected dividend of other companies Rs.1750 and interest of Rs.1200. (b) As standing instruction bank had paid bills of Rs.2454. (c) Cheque deposited for Rs.8929.60 was not credited in pass book. With the help of above information balance as per cash book should be ________ Show Answer

Q290) Overdraft as per pass book of P & Co. was Rs.60000. (a) The credit side of bank column of cash book was undercast by Rs.200. (b) Interest on bank loan Rs.4000 and bank charges of Rs.1150 were not recorded in cash book. Overdraft balance as per Cash book should be _______ Show Answer

Q291) On 31st march,2012 the pass book of Z showed a credit balance of Rs.216000. A comparison of pass book and cash book revealed the following : (a) Cheque deposited but not cleared by 31st march Rs.108150. (b) Cheques issued by Z but not presented for payments before 1st april 2012 Rs.26000. Balnce as per cash book will be ________ Show Answer

Q292) When debit balance as per cash book is the starting point, direct deposits by customers are _____ Show Answer

Q293) When credit balance as per pass book is the starting point, interest allowed by bank is _____ Show Answer

Q294) When drawing up a bank reconciliation statement, if you start with a debit balance as per the pass book, the un-presented cheques should be __________ Show Answer

Q295) In balance sheet bank balance as per ___ appears Show Answer

Q296) Which of the following will require adjustment of the cash book balance ? Show Answer

Q297) Which of the following will require adjustment of the cash book balance ? Show Answer

Q298) Which of the following will not require adjustment of the cash book balance ? Show Answer

Q299) Bank balance as per cash book (Dr.) of NZ & Co. was Rs.1050. (a) Bank charges not recorded in cash book was Rs.180. (b) Rs.750 was directly paid by customer into bank was not recorded in cash book. (c) Debit side of cash book was undercast by Rs.100. (d) Cheque deposited for Rs.700 was not credited in pass book. (e) out of cheques of Rs.900 issued but not presented for payments. If BRS is prepared after adjusting cash book, balance as per adjusted cash book should be Rs._____ and balance as per pass book should be Rs.________. Show Answer

Q300) A bank statement is a copy of ____
Show Answer

Q301) Which Accounts are used to prepare Bank Reconciliation Statement? Show Answer

Q302) BRS is part of: Show Answer

Q303) When overdraft as per Cash Book is given wrong debit in Pass Book will: Show Answer

Q304) On 31-03-14 balance of Cash Book is Rs. 7,074 (Credit), balance as per Bank Statement is Rs. 3,159 (Debit). On scrutiny it was found that it was due to cheques issued but not yet presented.
Bank Balance on 31-03-14 to be shown in Balance Sheet is .
Show Answer

Q305) Bank overdraft as per Cash Book Rs. 13500 Cheque deposited but not credited Rs. 3000 Cheque issued but not presented Rs. 6000 Overdraft as per bank statement will be Show Answer

Q306) The cash book showed a credit balance of Rs. 9,000 but the pass book made up the same date revealed that a cheque of Rs. 2,000 had not been presented for payment and a cheque of Rs. 3,000 paid into account had not been cleared. The balance as per pass book will be: Show Answer

Q307) The Cash Book showed an overdraft of Rs.1,500, but the Pass Book made up to the same date showed that cheques of Rs.100, Rs.50 and Rs.125 respectively had not been presented for payments; and the cheque of Rs.400 paid into account had not been cleared. The balance as per the Pass Book will be - Show Answer

Q308) The bank balance as per Cash book on 31st December is Rs. 8,560 From the following particulars find out the bank balance as per pass book
(i) On 18th December, the debit balance of Rs. 1,700
was recorded ad Credit balance in cash book
(ii) A cheque of Rs. 500 issued, was recorded twice in
the cash book
(iii) A cheque of Rs. 250 issued, was not recorded in cash
book
(iv) Dividend collected Rs. 250 and subscription paid Rs.
100 by bank were not recorded in cash book
Show Answer

Q309) The credit balance as per cash book is Rs. 15,000.
Cheques amounting to Rs. 2,750 were deposited in bank but not yet collected. Cheques of Rs. 4,000 were issued, but not yet presented for payment. A dividend of Rs. 250 was collected and a premium of Rs. 1,500 was paid by bank under standing instructions. The balance as per Pass Book will be _____
Show Answer

Q310) On 27-03-14 four cheques of Rs. 16,000, Rs. 14,000, Rs. 32,000, and Rs. 23,000 were deposited in bank, out of which cheque of Rs. 16,000 only was collected upto 31st March. Two cheques of Rs. 23,000 and Rs. 32,000 were collected on 4th April. Another cheque was not signed properly and was returned. What are the items to be taken in the B.R.S? Show Answer

Q311) While preparing B.R.S with balance as per cash book which of the following will not be added. Show Answer

Q312) The credit balance as per pass book of 'X' was Rs. 65,000. Cheques issued but not paid Rs. 75,800.
Cheques deposited by one of the customers of bank but wrongly credited in 'X' A/c Rs. 20,600.
The balance as per Cash Book is ______ .
Show Answer

Q313) Over Draft balance as per Cash Book of 'X' Rs. 20,500.
Direct remittance of his customer is Rs. 50,000 and 'X' was not aware that Rs. 25,000 cheque was deposited, returned unpaid and he was yet to be informed. Balance as per Pass Book is ______ .
Show Answer

Q314) Bank Balance O.D. as per pass book Rs. 26,500.Calculate balance as per cash book is
1. Cheques deposited for Rs. 4700 but not collected
2. Cheques issued for Rs. 11,000 but not presented
3. Bill discounted and dishonoured Rs. 4000,and Bank paid noting charges Rs. 200
Show Answer

Q315) The cash book showed an overdraft of Rs.1,50,000, but the pass book made up to the same date showed that cheques of Rs.10,000, Rs.5,000 and Rs.12,500 respectively had not been presented for payments; and the cheque of Rs. 4,000 paid into account had not been cleared. The balance as per the pass book will be: Show Answer

Q316)
When drawing up a BRS if you start with a Dr. Balance as per Bank Statement, the following are added:
1) Cheque issued but not presented to bank
2) B/R collected directly by bank
3) Overcasting of the Dr. Side of bank A/c in the cash book Show Answer