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

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प्रश्न

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

विकल्प

  • Any undue delay in the clearance of cheques will be shown up by the reconciliation

  • Reconciliation statement will discourage the accountant of the bank from embezzlement

  • It helps in finding the actual position of the bank balance

  • Reconciliation statement is prepared only at the end of the accounting period

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उत्तर

Reconciliation statement is prepared only at the end of the accounting period

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  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 8: Bank Reconciliation Statement - Multiple choice questions [पृष्ठ १७१]

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सामाचीर कलवी Accountancy [English] Class 11 TN Board
अध्याय 8 Bank Reconciliation Statement
Multiple choice questions | Q I 7. | पृष्ठ १७१

संबंधित प्रश्न

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

Statement showing the causes of disagreement between balance of Cash Book and Pass Book.


Do you agree or disagree with the following statement:

Bank statement enables account holder to prepare Bank Reconciliation Statement.


Select the most appropriate alternative from those given and rewrite the following statement:

Bank Reconciliation Statement is prepared by _________.


Complete the following statement:

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


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.


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.


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 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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