A bank reconciliation statement is prepared to know the causes for the differences between:

Related MCQs

• When credit balance as per pass book is the starting point of a Bank Reconciliation Statement then bank charges are
• When preparing a bank reconciliation statement, if you start with debit balance as per cash book cheques sent to bank but not collected should be
• Which one of these documents is not required for bank reconciliation?
• From the following details ascertain the adjusted bank balance as per Cash Book – overdraft as per Cash Book 1,60,000; cheque received entered twice in the Cash Book 10,000; credit side of bank column cash short by 1,000; bank charges amounting to 400 entered twice:
• M/s. A.B. Enterprises has bank balance 8,800 as per cash book and the followings were found: (a) Three cheques deposited in bank for 5,800 but only one cheque for 2,000 was cleared. (b) Dividend collected by Bank 1,250 was wrongly entered in cash book as 1,520. What is balance as per pass book?
• Profit and loss account is prepared for a period of one year by following the concept of
• The manufacturing account is prepared
• Trial balance is prepared according to :
• In a overdraft balance as per cash book, a cheque of 1,250 deposited into bank but not recorded in cash book will be
• Y-draws a trade bill of 12,000 for 6 months on X. After holding the bill for 2.5 months, Y discount the bill with bank @ 10% p.a. The amount of discount on bill is