Chapter-5 ➤ Bank Reconciliation Statement 1. Credit balance in the pass book means a/an……………………..to the depositor Asset Liability Income Expense 2. Bank Reconciliation Statement is a part of Double Entry System. not a part of Double Entry System. part of Bank Statement. None of these. 3. A pass book is a copy of A customer’s account in the bank’s books Cash book relating to bank column Cash book relating to cash column Firm’s receipts and payments 4. Which of the following will not be considered while preparing an Amended Cash Book? Cheques issued but not presented for payment Cheques deposited but not credited by bank Any wrong entry in the Pass Book All of the above 5. Suppliers personal a/c are seen in the, Sales Ledger Nominal ledger Purchases Ledger General Ledger 6. On the bank statement, cash deposited by the company is known as Credit Debit Liability Expenses 7. Balance shown in the Balance Sheet is of Cash Book. Pass Book. Adjusted Cash Book. None of these. 8. A bank reconciliation statement is prepared with the balance of Cash Book Pass Book Either Cash Book or Pass Book Neither Cash Book nor Pass Book 9. Bank statement also called? Pass book Cash book Credit book Debit book 10. Unfavourable bank balance means Credit balance in the Cash Book Credit balance in the Pass Book Debit balance in the Cash Book Favourable balance in the Cash Book Loading … Question 1 of 10
