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Bank Reconciliation Statement
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Bank Reconciliation Statement
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Bank Reconciliation Statement
A bank reconciliation statement is prepared only at the end of the accounting year.
True
False
Author:
rikazzz
Comment
Bank Reconciliation Statement
The bank reconciliation statement is prepared by:
Bank
Customer’s Accountant
Auditors
None of the above
Author:
rikazzz
Comment
Bank Reconciliation Statement
Checks issued but not presented in the bank are called:
Unpresented cheques
Uncredited cheques
Uncollected cheques
Uncleared cheques
Author:
rikazzz
Comment
Bank Reconciliation Statement
The bank balance, as per the bank statement, is shown in the balance sheet at the end of the year.
True
False
Author:
rikazzz
Comment
Bank Reconciliation Statement
Cash book and bank statement show _______ balance.
Credit
Debit
Opposite
None of the above
Author:
rikazzz
Comment
Bank Reconciliation Statement
A debit balance in the pass book is an unfavorable balance.
True
False
Author:
rikazzz
Comment
Bank Reconciliation Statement
Bank statements are prepared by:
Bankers
Customer’s Accountant
Auditors
None of the above
Author:
rikazzz
Comment
Bank Reconciliation Statement
Bank reconciliation statements are:
Parts of the bank statement
Memorandum statement
Part of the journal
Ledger account
Author:
rikazzz
Comment
Bank Reconciliation Statement
The customer’s copy of the account provided by the bank to the depositor to record deposits and withdrawals is called:
Sales Book
Cash Book
Pass Book
Purchases Book
Author:
rikazzz
Comment
Bank Reconciliation Statement
Bank statements are prepared in the books of the:
Bank
Guarantor
Depositor/Customer
None of the above
Author:
rikazzz
Comment
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