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Do you agree or disagree with the following statement: Bank Reconciliation Statement is prepared only during the year end. - Book Keeping and Accountancy

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प्रश्न

Do you agree or disagree with the following statement:

Bank Reconciliation Statement is prepared only during the year end.

पर्याय

  • Agree

  • Disagree

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उत्तर

Bank Reconciliation Statement is prepared only during the year end. - Disagree

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पाठ 6: Bank Reconciliation Statement - Exercises [पृष्ठ २०४]

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बालभारती Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
पाठ 6 Bank Reconciliation Statement
Exercises | Q 3. 4. | पृष्ठ २०४

संबंधित प्रश्‍न

Answer in one sentence:

Who prepares a bank Pass Book?


Answer in one sentence:

Who prepares the Bank Reconciliation Statement?


Answer in one sentence:

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


Answer in one sentence:

Why is the Bank Reconciliation Statement prepared?


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.


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 ___________.


A bank reconciliation statement is prepared to know the causes for the difference between:


When money is withdrawn from bank, the bank ______.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?


The bank reconciliation statement is prepared by the banker.


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.


Give any three reasons for preparing bank reconciliation statement.


 Correct and rewrite the following statement:

Bank Reconciliation Statement is prepared by Bank.


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.

Prepare Bank Reconciliation Statement from the following information as of 31st March 2019.

1. Balance as per Cash Book ₹ 10,000.

2. Cheque of ₹ 2,000 issued but not presented to Bank for payment.

3. Our debtor directly deposited ₹ 3,500 to our Bank account by NEFT, not recorded in the Cash Book.

4. Bank paid electricity bill on our behalf ₹ 450 and charged Bank charges ₹ 100.

5. Paid ₹ 1,500 to ABC & company, our supplier by business debit card but recorded in Cash Book as ₹ 150.

6. Bank credited interest on Investment ₹ 500.

7. Cheque of ₹ 885 issued and presented to Bank but wrongly entered in the Pass Book as ₹ 865.


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 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.

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