Advertisements
Advertisements
Question
Bank charges debited by the bank increases the balance as per bank statement.
Options
Yes
No
Solution
Bank charges debited by the bank increases the balance as per bank statement- No
APPEARS IN
RELATED QUESTIONS
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 statement enables account holder to prepare Bank Reconciliation Statement.
Select the most appropriate alternative from those given and rewrite the following statement:
Bank gives overdraft facility to __________ account holder.
State whether the following statement is True or False with reasons:
Businessman can prepare Bank Reconciliation statement only with Cash Book Balance.
What is bank reconciliation statement?
Give any two expenses which may be paid by the banker as per standing instruction.
Explain why does money deposited into bank appear on the debit side of the cash book, but on the credit side of the bank statement?
Correct and rewrite the following statement:
Bank Reconciliation Statement is prepared by Bank.
From the following particulars prepare Bank Reconciliation Statement as on 30th June 2019.
- Credit balance as per Pass Book ₹20,000.
- A cheque for ₹3,500 was issued and paid by bank, recorded in Pass Book as ₹5,300.
- Cheque deposited ₹9,700 collected by bank was not recorded in Cash Book.
- Payment side of Cash Book was undercast by ₹100.
- Electricity bill paid by bank ₹6,200 was recorded twice in Pass Book.
From the following particulars prepare Bank Reconciliation Statement as of 30th June 2019.
- Credit balance as per pass book ₹ 20,000.
- A cheque for ₹ 3,500 was issued and paid by the bank, recorded in Pass Book as ₹ 5,300.
- Cheque deposited ₹ 9,700 collected by the bank was not recorded in Cash Book.
- Payment side of the Cash Book was undercast by ₹ 100.
- Electricity bill paid by bank ₹ 6,200 was recorded twice in Pass Book.
