Adaptive Practice

Bank Reconciliation Statement

10 questions • Earn up to 110 XP • First attempt — go for 100%!

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Question 1 of 10 ⏱ 0:30
Easy
What is the primary purpose of preparing a Bank Reconciliation Statement?
Easy
Which of the following items would NOT cause a difference between the bank balance as per cash book and passbook?
Medium
A cheque issued by the company for ₹5,000 has not yet been presented for payment. How will this affect the Bank Reconciliation Statement?
Medium
Bank charges of ₹200 were debited by the bank but not yet recorded in the cash book. What adjustment is needed in the Bank Reconciliation Statement?
Hard
If a cheque of ₹1,000 was deposited into the bank but was dishonoured and not yet recorded in the cash book, what adjustment is required?
Hard
Which of the following errors in the cash book will NOT affect the Bank Reconciliation Statement?
Hard
A company’s cash book shows a bank overdraft of ₹10,000. The bank passbook shows a credit balance of ₹5,000. What is the nature of difference?
Medium
Which of the following will be added to the bank balance as per passbook while preparing Bank Reconciliation Statement?
Medium
If a cheque of ₹2,000 deposited into bank is not yet credited by bank, how will it be treated in Bank Reconciliation Statement?
Easy
Which of the following is TRUE regarding Bank Reconciliation Statement?

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