Advertisements
Advertisements
Question
Select the most appropriate alternative from those given and rewrite the following statement:
When extracts of Cash Book and Pass Book are given for uncommon periods, only ________ items are considered for preparation of Bank Reconciliation Statement.
Options
uncommon
normal
favourable
common
Solution
When extracts of Cash Book and Pass Book are given for uncommon periods, only common items are considered for preparation of Bank Reconciliation Statement.
APPEARS IN
RELATED QUESTIONS
Answer in one sentence:
What does a debit balance in Cash Book represent?
Answer in one sentence:
What does debit balance in Pass Book represent?
Give one word/term/phrase which can substitute the following statement:
Extract of ledger account of account holder in the books of bank.
Give one word/term/phrase which can substitute the following statement:
Debit balance in Pass Book.
Give one word/term/phrase which can substitute the following statement:
Credit balance in Cash Book.
Give one word/term/phrase which can substitute the following statement:
A book maintained by trader to record banking transactions.
Do you agree or disagree with the following statement:
The bank column of Cash Book represents bank account.
Do you agree or disagree with the following statement:
Bank balance as per Cash Book is always equal to bank balance as per Pass Book.
Do you agree or disagree with the following statement:
Difference in Cash Book balance and Pass Book balance may arise due to errors committed while recording.
Select the most appropriate alternative from those given and rewrite the following statement:
Overdraft means _______ balance of Cash Book.
Select the most appropriate alternative from those given and rewrite the following statement:
Bank balance as per Pass Book means ___________ balance of Pass Book.
Select the most appropriate alternative from those given and rewrite the following statement:
Debit balance as per Cash Book is also known as ___________ balance.
Select the most appropriate alternative from those given and rewrite the following statement:
When extract of Cash Book and Pass Book are given for common period, only _________ items are considered for preparation of Bank Reconciliation Statement.
Complete the following statement:
Payments credited in Cash Book are __________ in Pass Book.
Complete the following statement:
Online transfer made to our creditors appear on the _________ side of Cash Book.
Complete the following statement:
Interest on overdraft charged by bank is ____________ in Pass Book.
Complete the following statement:
Normally the Cash Book shows debit balance and Pass Book shows ________ balance.
State whether the following statement is True or False with reasons:
When overdraft as per Cash Book is given, bank charges debited in Pass Book only, is to be added.
Correct and rewrite the following statement:
When a cheque is deposited into Bank it is credited to Cashbook.
