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Tamil Nadu Board of Secondary EducationHSC Commerce Class 11

The bank reconciliation statement is prepared by the banker. - Accountancy

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Question

The bank reconciliation statement is prepared by the banker.

Options

  • Yes

  • No

MCQ
True or False
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Solution

The bank reconciliation statement is prepared by the banker- No

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Chapter 8: Bank Reconciliation Statement - Very short answer questions [Page 172]

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Samacheer Kalvi Accountancy [English] Class 11 TN Board
Chapter 8 Bank Reconciliation Statement
Very short answer questions | Q II 6. (a) | Page 172

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Answer in one sentence:

Who prepares a bank Pass Book?


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:

Excess of bank deposits over withdrawals by businessman in bank current account.


Complete the following statement:

While preparing Bank Reconciliation Statement only __________ column of Cash Book is considered.


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

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


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


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.

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