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Question
The bank reconciliation statement is prepared by the banker.
Options
Yes
No
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Solution
The bank reconciliation statement is prepared by the banker- No
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RELATED QUESTIONS
Answer in one sentence:
Who prepares a bank Pass Book?
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.
Select the most appropriate alternative from those given and rewrite the following statement:
Bank gives overdraft facility to __________ account holder.
Give any two expenses which may be paid by the banker as per standing instruction.
Credit balance as per bank statement is an overdraft.
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 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.
- 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 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.
- Cheque deposited ₹ 9,700 collected by the bank was not recorded in Cash Book.
- Payment side of the Cash Book was undercast by ₹ 100.
- Electricity bill paid by bank ₹ 6,200 was recorded twice in Pass Book.
