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When money is withdrawn from bank, the bank ______. - Accountancy

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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When money is withdrawn from bank, the bank ______.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

MCQ
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उत्तर

When money is withdrawn from bank, the bank Debits customer’s account.

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पाठ 8: Bank Reconciliation Statement - Multiple choice questions [पृष्ठ १७१]

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सामाचीर कलवी Accountancy [English] Class 11 TN Board
पाठ 8 Bank Reconciliation Statement
Multiple choice questions | Q I 6. | पृष्ठ १७१

संबंधित प्रश्‍न

Answer in one sentence:

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


Do you agree or disagree with the following statement:

Bank Reconciliation Statement is similar to bank statement.


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

Bank gives overdraft facility to __________ account holder.


Complete the following statement:

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


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

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


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.


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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