When drawing up a bank reconciliation statement if you start with a debit balance as per the bank statement the bank charges charged by the bank should be?

7. When drawing up a Bank ReconciliationStatement, if you start with a debit balanceas per the Bank Statement, theunpresented cheques should be:a) Added;b) Deducted;c) Not required to be adjusted.d) None of the above.

Fundamentals Of Accounting:35MCQ 88.A debit balance in the depositor’s CashBook will be shown as:

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Bank Reconciliation Statement

MCQ 99. When preparing a Bank ReconciliationStatement, if you start with a debit balanceas per the Cash Book, cheques issued butnot presented within the period should be:

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Fundamentals Of Accounting:Bank Reconciliation Statement36

MCQ 1010.When the balance as per Pass Book isthestarting point, direct payment by bankare:

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Fundamentals Of Accounting:Bank Reconciliation Statement37

MCQ 1111. When balance as per Cash Book is thestarting point, uncollected cheques are:a) added in the bank reconciliationstatementb) subtracted in the bank reconciliationstatementc) ‘Not required to be adjusted in the bankreconciliation statementd) nether of the above.

Fundamentals Of Accounting:Bank Reconciliation Statement38

MCQ 1212. A Bank Reconciliation Statement is preparedto know the causes for the difference between:

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Fundamentals Of Accounting:Bank Reconciliation Statement39

MCQ 1313. When the balance as per Pass Book is thestarting point, uncollected cheques are:

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Fundamentals Of Accounting:Bank Reconciliation Statement40

MCQ 1414. When balanceas per Cash Book is thestarting point,interest charged by Bank is:

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Fundamentals Of Accounting:Bank Reconciliation Statement41

Fundamentals Of Accounting:Bank Reconciliation Statement42MCQ 15Match the following items from column A withcolumn BS.No.1.2.3.

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When drawing up a bank reconciliation statement if you start with a debit balance as per the bank statement the bank charges charged by the bank should be?

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Chapter 8 / Exercise 8-22

Accounting Using Excel for Success

Reeve/Warren

When drawing up a bank reconciliation statement if you start with a debit balance as per the bank statement the bank charges charged by the bank should be?
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