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State whether the following statement is True or False with reasons: Businessman can prepare Bank Reconciliation statement only with Cash Book Balance. - Book Keeping and Accountancy

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प्रश्न

State whether the following statement is True or False with reasons:

Businessman can prepare Bank Reconciliation statement only with Cash Book Balance.

विकल्प

  • True

  • False

MCQ
सत्य या असत्य
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उत्तर

This statement is False.
Bank Reconciliation Statement can be prepared with cash book balance or pass book balance or with overdraft by a businessman at the end of a specified period.
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अध्याय 6: Bank Reconciliation Statement - Exercises [पृष्ठ २०६]

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बालभारती Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
अध्याय 6 Bank Reconciliation Statement
Exercises | Q 6. 3. | पृष्ठ २०६

संबंधित प्रश्न

Answer in one sentence:

Who prepares a bank Pass Book?


Answer in one sentence:

On which side is interest on bank deposit recorded in Pass Book?


Give one word/term/phrase which can substitute the following statement:

Excess of bank deposits over withdrawals by businessman in bank current account.


Do you agree or disagree with the following statement:

Bank statement enables account holder to prepare Bank Reconciliation Statement.


Do you agree or disagree with the following statement:

Bank Reconciliation Statement is similar to bank statement.


Complete the following statement:

While preparing Bank Reconciliation Statement only __________ column of Cash Book is considered.


Complete the following statement:

A statement showing the reasons for difference in Cash Book balance and Pass Book balance is known as ___________.


When money is withdrawn from bank, the bank ______.


Which of the following is not the salient feature of bank reconciliation statement?


Balance as per cash book is ₹ 2, 000. Bank charge of ₹ 50 debited by the bank is not yet shown in the cash book. What is the bank statement balance now?


Balance as per bank statement is ₹ 1, 000. Cheque deposited, but not yet credited by the bank is ₹ 2, 000. What is the balance as per bank column of the cash book?


Give any two expenses which may be paid by the banker as per standing instruction.


Credit balance as per bank statement is an overdraft.


Bank charges debited by the bank increases the balance as per bank statement.


Bank reconciliation statement is prepared to identify the causes of differences between balance as per bank column of the cash book and balance as per cash column of the cash book.


Explain why does money deposited into bank appear on the debit side of the cash book, but on the credit side of the bank statement?


From the following particulars prepare Bank Reconciliation Statement as on 30th June 2019.

  1. Credit balance as per pass book ₹ 20,000.
  2. A cheque for ₹ 3,500 was issued and paid by the bank, recorded in Pass Book as ₹ 5,300.
  3. Cheque deposited ₹ 9,700 collected by the bank was not recorded in Cash Book.
  4. Payment side of the Cash Book was undercast by ₹ 100.
  5. Electricity bill paid by bank ₹ 6,200 was recorded twice in Pass Book.

From the following particulars prepare Bank Reconciliation Statement as on 30th June 2019.

  1. Credit balance as per Pass Book ₹ 20,000
  2. A cheque for ₹ 3,500 was issued and paid by bank, recorded in Pass Book as ₹ 5,300.
  3. Cheque deposited ₹ 9,700 collected by bank was not recorded in Cash Book
  4. Payment side of Cash Book was undercast by ₹ 100.
  5. Electricity bill paid by bank ₹ 6,200 was recorded twice in Pass Book

From the following particulars prepare Bank Reconciliation Statement as on 30th June 2019.

  1. Credit balance as per Pass Book  ₹ 20,000.
  2. A cheque for ₹ 3,500 was issued and paid by bank, recorded in Pass Book as ₹ 5,300.
  3. Cheque deposited ₹ 9,700 collected by bank was not recorded in Cash Book.
  4. Payment side of Cash Book was undercast by ₹ 100.
  5. Electricity bill paid by bank ₹ 6,200 was recorded twice in Pass Book.

From the following particulars prepare the Bank Reconciliation Statement as on 30th June 2019.

1. Credit balance as per Pass Book ₹ 20,000.

2. A cheque for ₹ 3,500 was issued and paid by bank, recorded in the Pass Book as ₹ 5,300.

3. cheque deposited ₹ 9,700 collected by the bank was not recorded in Cash Book.

4. The payment side of Cash Book was undercast by ₹ 100. 5. The electricity bill paid by the bank ₹ 6,200 was recorded twice in the Pass Book.


From the following particulars prepare the Bank Reconciliation Statement as on 30th June 2019.

  1. Credit balance as per Pass Book ₹ 20,000.
  2. A cheque for ₹ 3,500 was issued and paid by the bank, recorded in the Pass Book as ₹ 5,300.
  3. Cheque deposited ₹ 9,700 collected by the bank was not recorded in the Cash Book.
  4. The payment side of Cash Book was undercast by ₹ 100.
  5. The electricity bill paid by the bank ₹ 6,200 was recorded twice in the Pass Book.

From the following particulars prepare Bank Reconciliation Statement as on 30th June 2019.

  1. Credit balance as per Pass Book ₹20,000.
  2. A cheque for ₹3,500 was issued and paid by bank, recorded in Pass Book as ₹5,300.
  3. Cheque deposited ₹9,700 collected by bank was not recorded in Cash Book.
  4. Payment side of Cash Book was undercast by ₹100.
  5. Electricity bill paid by bank ₹6,200 was recorded twice in Pass Book.

From the following particulars, prepare the Bank Reconciliation Statement as of 30th June 2019.

  1. Credit balance as per Pass Book ₹20,000.
  2. A cheque for ₹3,500 was issued and paid by the bank, recorded in Pass Book as ₹5,300
  3. The cheque deposited ₹9,700 collected by the bank was not recorded in the Cash Book.
  4. The payment side of the Cash Book was undercast by ₹100.
  5. Electricity bill paid by bank ₹6,200 was recorded twice in Pass Book.

From the following particulars prepare Bank Reconciliation Statement as on 30th June 2019.

  1. Credit balance as per Pass Book ₹ 20,000.
  2. A cheque for ₹ 3,500 was issued and paid by bank, recorded in Pass Book as ₹ 5,300.
  3. Cheque deposited ₹ 9,700 collected by bank was not recorded in Cash Book.
  4. Payment side of Cash Book was undercast by ₹ 100.
  5. Electricity bill paid by bank ₹ 6,200 was recorded twice in Pass Book.

From the following particulars prepare Bank Reconciliation Statement as on 30th June 2019.

  1. Credit balance as per Pass Book ₹ 20,000.
  2. A cheque for ₹ 3,500 was issued and paid by bank, recorded in Pass Book as ₹ 5,300.
  3. Cheque deposited ₹ 9,700 collected by bank was not recorded in Cash Book.
  4. Payment side of Cash Book was undercast by ₹ 100.
  5. Electricity bill paid by bank ₹ 6,200 was recorded twice in Pass Book.

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