Question

Select the Correct Answer:
1. A bank reconciliation statement is prepared by :
(a) Creditors (b) Bank
(c) Account holder in a bank (d) Debtors
2. A bank reconciliation statement is prepared with the balance :
(a) Passbook (b) Cash book
(c) Both passbook and cash book (d) None of these
3. Passbook is a copy of :
(a) Copy of customer Account (b) Bank column of cash book
(c) Cash column of cash book (d) Copy of receipts and payments
4. Unfavourable bank balance means :
(a) Credit balance in passbook (b) Credit balance in cash book
(c) Debit balance in cash book (d) None of these
5. Favourable bank balance means :
(a) Credit balance in the cash book (b) Credit balance in passbook
(c) Debit balance in the cash book (d) Both b and c
6. A bank reconciliation statement is mainly prepared for :
(a) Reconcile the cash balance of the cash book.
(b) Reconcile the difference between the bank balance shown by the cash
book and bank passbook.
(c) Both a and b
(d) None of these

Answer 1

Answer:

1. a

2.a

3.a.

4.c.

I HOPE THIS HELP YOU

Answer 2

1. A bank reconciliation statement is prepared by : (a) Creditors
2. A bank reconciliation statement is prepared with the balance : (c) Both passbook and cash book
3. Passbook is a copy of :  (a) Copy of customer Account
4. Unfavorable bank balance means : (c) Debit balance in cash book
5. Favorable bank balance means : (a) Credit balance in the cash book
6. A bank reconciliation statement is mainly prepared for : (c) Both a and b