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When money is withdrawn from bank, the bank ______. - Accountancy

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प्रश्न

When money is withdrawn from bank, the bank ______.

पर्याय

  • Credits customer’s account

  • Debits customer’s account

  • Debits and credits customer’s account

  • None of these

MCQ
रिकाम्या जागा भरा

उत्तर

When money is withdrawn from bank, the bank Debits customer’s account.

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Bank Reconciliation Statement
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पाठ 8: Bank Reconciliation Statement - Multiple choice questions [पृष्ठ १७१]

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सामाचीर कलवी Accountancy [English] Class 11 TN Board
पाठ 8 Bank Reconciliation Statement
Multiple choice questions | Q I 6. | पृष्ठ १७१

संबंधित प्रश्‍न

Give one word/term/phrase which can substitute the following statement:

The account on which overdraft facility is allowed by bank.


Do you agree or disagree with the following statement:

Bank Reconciliation Statement is prepared only during the year end.


Complete the following statement:

A statement showing the reasons for difference in Cash Book balance and Pass Book balance is known as ___________.


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


Which of the following is not the salient feature of bank reconciliation statement?


Balance as per cash book is ₹ 2, 000. Bank charge of ₹ 50 debited by the bank is not yet shown in the cash book. What is the bank statement balance now?


Balance as per bank statement is ₹ 1, 000. Cheque deposited, but not yet credited by the bank is ₹ 2, 000. What is the balance as per bank column of the cash book?


Credit balance as per bank statement is an overdraft.


 Correct and rewrite the following statement:

Bank Reconciliation Statement is prepared by Bank.


From the following particulars prepare the Bank Reconciliation Statement as on 30th June 2019.

1. Credit balance as per Pass Book ₹ 20,000.

2. A cheque for ₹ 3,500 was issued and paid by bank, recorded in the Pass Book as ₹ 5,300.

3. cheque deposited ₹ 9,700 collected by the bank was not recorded in Cash Book.

4. The payment side of Cash Book was undercast by ₹ 100. 5. The electricity bill paid by the bank ₹ 6,200 was recorded twice in the Pass Book.


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