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प्रश्न
When money is withdrawn from bank, the bank ______.
पर्याय
Credits customer’s account
Debits customer’s account
Debits and credits customer’s account
None of these
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उत्तर
When money is withdrawn from bank, the bank Debits customer’s account.
APPEARS IN
संबंधित प्रश्न
Answer in one sentence:
Who prepares the Bank Reconciliation Statement?
Give one word/term/phrase which can substitute the following statement:
The account on which overdraft facility is allowed by bank.
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 Reconciliation Statement is prepared only during the year end.
Complete the following statement:
A statement showing the reasons for difference in Cash Book balance and Pass Book balance is known as ___________.
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?
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.
- Credit balance as per Pass Book ₹ 20,000.
- A cheque for ₹ 3,500 was issued and paid by bank, recorded in Pass Book as ₹ 5,300.
- Cheque deposited ₹ 9,700 collected by bank was not recorded in Cash Book.
- Payment side of Cash Book was undercast by ₹ 100.
- 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.
- Credit balance as per Pass Book ₹20,000.
- A cheque for ₹3,500 was issued and paid by the bank, recorded in Pass Book as ₹5,300
- The cheque deposited ₹9,700 collected by the bank was not recorded in the Cash Book.
- The payment side of the Cash Book was undercast by ₹100.
- 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.
- Credit balance as per Pass Book ₹ 20,000.
- A cheque for ₹ 3,500 was issued and paid by bank, recorded in Pass Book as ₹ 5,300.
- Cheque deposited ₹ 9,700 collected by bank was not recorded in Cash Book.
- Payment side of Cash Book was undercast by ₹ 100.
- Electricity bill paid by bank ₹ 6,200 was recorded twice in Pass Book.
