CBSE Questions for Class 10 Elements Of Book Keeping And Accountancy Bank Reconciliation Statement Quiz 8 - MCQExams.com

When balance as per Pass Book is the starting point, Insurance Premium paid by bank is _____________.
    • Added
    • Subtracted
    • Not required to be adjusted
    • Neither of these
    When the overdraft as per Cash Book is the starting point, a cheque of Rs.1,00,000 deposited into Bank but not recorded in Cash Book will be:
    • Deducted by Rs. 1,00,000.
    • Added by Rs.1,00,000.
    • Added by Rs.2,00,000.
    • Deducted by Rs. 2,00,000.
    The payment side of the cash book is undercast by Rs.When overdraft as per pass book is the starting point, to get the overdraft as per cash book ___________.
    • Rs. 200 will be deducted
    • Rs. 200 will be added
    • Rs. 400 will be added
    • Rs. 400 will be deducted
    If we take balance as per pass book, ___________ will be deducted to get balance as per cash book.
    • interest given by bank
    • interest charged by bank
    • cheque deposited but not cleared
    • payments made by the bank under standing instructions
    Mr. X issued cheques worth $$Rs. 15,000$$ in March $$2014$$ out of which cheques worth $$Rs. 10,000$$ only were presented for payment by $$31st\ March, 2014$$. While reconiling bank and cash book balance as on $$31st\ March, 2014$$, how much would be added to balance as per cash book to arrive at balance as per Pass book.
    • $$Rs. 15,000$$
    • $$Rs. 10,000$$
    • $$Rs. 5,000$$
    • $$Rs. 7,500$$
    Mr. X had two accounts, one current account and another saving bank A/c in a nationalized bank. He drew a cheque of $$Rs. 5,000$$ on saving bank but credited to Current A/c in his cash book. Similarly a cheque of $$Rs. 2,000$$ deposited in current A/c was debited to Saving Bank A/c. What would be effect of these errors in Bank pass books/ Bank statement of these two A/cs?
    • Current A/c balance would be more by $$Rs. 3,000$$ and saving A/c balance less by $$Rs. 3,000$$ .
    • Current A/c balance would be more by $$Rs. 2,000$$ and saving A/c balance less by $$Rs. 5,000$$ .
    • Current A/c balance would be less by $$Rs. 5,000$$ and saving A/c balance more by $$Rs. 2,000$$ .
    • Current A/c balance would be more by $$Rs. 5,000$$ and saving A/c balance less by $$Rs. 2,000$$ .
    A cheque of $$Rs. 5000$$ in favour of Mr. X was wrongly credited by the bank in Mrs. X a/c as $$Rs. 550$$. While reconciling the bank balance of Mrs. X, bank balance as per bank pass book will be _________.
    • short by $$Rs. 5000$$
    • more by $$Rs. 550$$
    • short by $$Rs. 550$$
    • more by $$Rs. 5050$$
    Mr. T issued cheques worth $$Rs. 25,000$$ in March $$2014$$ out of which cheques worth $$Rs. 10,000$$ only were presented for payment by $$31st\ March, 2014$$. Balance as per pass book was $$Rs. 45,000$$. What would be balance as per Cash book?
    • $$Rs.30,000$$
    • $$Rs.20,000$$
    • $$Rs.25,000$$
    • $$Rs.15,000$$
    A cheque of $$Rs. 5000$$ in favour of Mr. X was wrongly credited by the bank in Mrs. X a/c as $$Rs. 550$$. While reconciling the bank balance of Mrs. X, bank balance as per cash book will be _________.
    • short by $$Rs. 5000$$
    • more by $$Rs. 5050$$
    • short by $$Rs. 550$$
    • more by $$Rs. 5000$$
    The bank pass book shows $$Rs. 3,600$$ but the cash book shows a different balance. While analyzing the cause of difference it was notices that total debit side of cash book was carried forward to next page as $$Rs. 1,100$$ instead of $$Rs. 1,000$$. Similarly bills collected by the bank amounting to $$Rs. 1,500$$ were not recorded in the cash book. What would be the balance as per Cash book?
    • $$Rs. 2,100$$
    • $$Rs. 3,100$$
    • $$Rs. 2,000$$
    • $$Rs. 2,200$$
    Mr. $$Y$$ presented three cheques of $$Rs. 3,000, Rs. 4,500$$ and $$Rs. 3,600$$ with the bank on $$28th\ March, 2014$$. Out of these cheques amounting to $$Rs. 4,500$$ and $$Rs. 3,000$$ were shown in the pass book in the month of April $$2014$$. While reconciling the balance on $$31-03-2014$$ which of these cheques would be taken in reconciliation.
    • $$Rs. 3,600$$
    • $$Rs. 3,000$$
    • $$Rs. 4,500$$ and $$Rs. 3,000$$
    • None of these
    A Bank Reconciliation Statement is prepared to know the causes for the difference between ___________________.
    • the balances as per cash column of Cash Book and the Pass Book
    • the balance as per bank column of Cash Book and the Pass Book.
    • the balance as per bank column of the Cash Book and balance as per cash column of Cash Book
    • none of the above
    Overdraft as per cash book means ___________.
    • credit balance in the cash column of the cash book
    • credit balance in the bank column of the cash book
    • neither of the two
    • both (a) and (b)
    Mr. A issued cheques worth Rs. 10,000 in March 2014 out of which cheque worth Rs. 7,000 only were presented for payment by 31st March,While reconciling bank and cash book balance as on 31st March, 2014, how much would be added to balance as per cash book to arrive at balance as per Pass book 
    • Rs. nothing
    • Rs. 7,000
    • Rs. 3,000
    • Rs. 10,000
    Which of the following are the salient features of bank reconciliation statement?
    • Any undue delay in the clearance of cheque will be shown up by the reconciliation
    • Reconciliation statement will help in finding the person doing any fraud
    • It helps in finding out the actual position of the bank balance
    • (a), (b) and (c) 
    When overdraft as per pass book is the starting point, bank charges of Rs 100 recorded twice in cash book will be ___________.
    • added by Rs 100
    • added by Rs 200
    • deducted by Rs 100
    • deducted by Rs 200
    The credit balance of Rs 1,000 in the bank column of the cash book was carried forward as its debit balance. When overdraft as per pass book is the starting point, _____________.
    • Rs 1,000 will be deducted
    • Rs 1,000 will be added
    • Rs 2,000 will be deducted
    • Rs 2,000 will be added
    Bank column of cash book showed bank balance of $$Rs. 9950$$. While reconciling the bank balance it was noticed that a cheque issued and paid by the bank $$Rs. 5100$$ was wrongly shown on the debit side of bank column as $$Rs. 510$$, bank charges amounting to $$Rs. 210$$, LIC payment of $$Rs. 1200$$ made by the bank as per standing instruction were not accounted in the cash book. Find the adjusted balance of cash as per cash book.
    • $$Rs. 5400$$
    • $$Rs. 3240$$
    • $$Rs. 3150$$
    • $$Rs. 2930$$
    Debit balance as per Cash Book is Rs 2,000, cheques deposited but not cleared amounts to Rs 100 and Cheques issued but not presented of RsThe bank allowed interest amounting to Rs 50 and collected dividend RsBalance as per pass book should be ____________.
    • Rs.2,100
    • Rs.1,950
    • Rs.2,350
    • Rs.2,150
    When balance as per cash book is the starting point,cheque deposited but not cleared are____for the purpose of reconciliation of balance with bank passbook
    • Deducted from cash as per cash book
    • Added to the cash as per cash book
    • Deducted from balance as per bank passbook
    • Kept in abeyance for some time
    When the overdraft as per cash book is the starting point, a cheque for Rs 500 deposited into bank but not recorded in cash book will be _________.
    • added by Rs 500
    • deducted by Rs 500
    • added by Rs 1,000
    • deducted by Rs 2,000
    From the following information calculate balance as pass book
     -Balance as per cash book (Dr.) $$1,900$$
     -Cash deposited in bank for Rs.$$100$$ entered in cash book as $$Rs.90$$
     -Transfer to saving bank account not entered in cash book $$Rs.1,500$$
     -Bank charges not recorded in cash book $$Rs.20$$
     -Standing order payment $$Rs.30$$
    • Rs.$$440$$
    • Rs.$$260$$
    • Rs.$$3,320$$
    • Rs.$$360$$
    Bank balance as per cash book (Dr.) Rs.$$10,000$$. A comparison of pass book and cash book revealed the following -
     -Rs.$$590$$ was wrongly debited by bank
     -Transfer by bank to another account with no advice Rs.$$2,500$$.
    Balance as per pass book will be __________.
    • Rs.$$13,090$$
    • Rs.$$6,910$$
    • Rs.$$8,090$$
    • Rs.$$11,910$$
    From the following information calculate balance as cash book

    Balance as per pass book (Cr.)

    Cash deposited in bank for Rs.$$100$$ entered in cash book as

    Transfer to saving bank account not entered in cash book

    Bank charges not recorded in cash book

    Standing order payment    		$$1,520$$

    $$72$$

    $$1,200$$

    $$16$$

    $$24$$
    • Rs.$$352$$
    • Rs.$$384$$
    • Rs.$$2,732$$
    • Rs.$$208$$
    Which of the following will not be considered while preparing an amended cash book?
    • Cheques issued but not presented for payment .
    • Cheques deposited but not credited by bank .
    • Any wrong entry in the pass book .
    • All of the above .
    On $$31$$st March $$2012$$, bank balance as per pass book (Cr.) Rs.$$20,000$$. A comparison of pass book and cash book revealed the following:
     -Cheques deposited of Rs.$$20,000$$ , out of these cheques, bank had credited cheques of Rs.$$5,000$$.
     -Bank charges Rs.$$100$$ was not entered in cash book.
    Balance as per cash book will be ________.
    • Rs.$$40,100$$
    • Rs.$$35,100$$
    • Rs.$$(100)$$
    • Rs.$$4,900$$
    Bank balance as per cash book (Dr.) Rs.$$25,450$$. A comparison of pass book and cash book revealed the following:
     -The bank had directly collected dividend of Rs.$$400$$ and interest Rs.$$300$$.
     -As per standing instruction bank had paid bills of Rs.$$2,000$$.
    Balance as per pass book will be ___________.
    • Rs$$28,150$$
    • Rs.$$26,750$$
    • Rs.$$22,750$$
    • Rs.$$24,150$$
    The balance shown by bank column of cash book was $$Rs. 48,000$$ on 31.1.A cheque issued worth $$Rs. 24,000$$ on 16th Jan. was not cleared till 31st Jan. Cheque worth $$Rs. 10,000$$ received on 20th Jan and deposited on 21st Jan. was cleared on 27-1-The balances as per pass book as on 31st January (assuming opening balance of pass book and cash book arc equal) is _____________.
    • $$Rs. 14,000$$
    • $$Rs. 24,000$$
    • $$Rs. 72,000$$
    • $$Rs. 82,000$$
    The cash book showed an overdraft of Rs. 2000 as 'cash at bank', but the pass book made up to the same date showed that cheques for Rs. 150 and Rs. 125 respectively had not been presented for payment; and the cheque for Rs. 400 paid into account had not been cleared. The balance as per the pass book will be ___________.
    • $$Rs.1600$$
    • $$Rs.2675$$
    • $$Rs.2125$$
    • $$Rs.1875$$
    On $$31$$st March $$2012$$, bank balance as per cash book (Dr.) Rs.$$10,000$$. A comparison of pass book and cash book revealed the following -
     -Cheques deposited for Rs.$$10,000$$ out of these cheques bank credited cheques of Rs.$$2,500$$
     -Bank charges Rs.$$50$$ was not entered in cash books.
    Balance as per pass book will be ________.
    • Rs.$$20,050$$
    • Rs.$$17,550$$
    • Rs.($$50$$)
    • Rs.$$2,450$$
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    Practice Class 10 Elements Of Book Keeping And Accountancy Quiz Questions and Answers