CBSE Class 11 Accountancy Bank Reconciliation Statement Quiz 2

1. Farkhanda Jabeen Ltd. receives a check for Rs. 100 records it in cash book and deposits it on the same day. A statement sent by the bank that day does not show this Rs. 100. How is this shown on the bank reconciliation statement?

A As an uncredited deposits added to the bank statement balance B As an uncredited deposits deducted from the bank statement balance C As an Unpresented check added to the bank statement balance D As an Unpresented check deducted from the bank statement balance

2. A bank reconciliation statement is prepared by?

A Internal auditor B Business accountant C Businessman D All of These

3. Which of the following items is not a reason for difference between bank balance as per cash book and pass book?

A Dishonored check B Cheques deposited but not yet cleared C Credit sales D Cheques issued but not yet presented for payment

4. Credit balance in bank pass book means?

A Bank overdraft B Bank balance C Balance as per cash book D None

5. A check that bears a date latter than date of issue is called?

A Anti dated check B Post-dated check C Dishonored check D Outdated check

6. The main function of a commercial bank is to?

A Barrow and lend money B Only barrow money C Only lend money D None of theses

7. When a cheque is returned by the bank showing some technical reason is known as?

A Honor of the cheque B Balance of account C Dishonor of the cheque D None of these

8. The outstanding check is the missing entry of?

A Cash book B Passbook C both D None

9. Directly collections of bank are to be ___________ in cash book?

A Dr B Cr C both D None

10. The cheque which is issued to creditor but is not presented for payment is called?

A Uncredited cheque B Outstanding cheque C Omitted cheque D Dishonored cheque