MCQ Chapter 6 Accountancy Class 11 Maharashtra Board Bank Reconciliation Statement 1. Which transaction increases Cash Book balance but not yet reflected in Pass Book?Direct deposit by customerCheque deposited but not clearedCheque issued but not presentedDishonour of chequeQuestion 1 of 202. What is the impact of dishonoured cheque not recorded in Cash Book?Pass Book shows more balanceNo impactCash Book shows more balanceBoth balances matchQuestion 2 of 203. Which error results in recording a transaction twice?Double recordingOvercastUnderstatementMispostingQuestion 3 of 204. Direct payment of expenses by bank is an example of:Cheque dishonourTransaction recorded in Cash Book onlyTransaction recorded in Pass Book onlyError in balancingQuestion 4 of 205. If balance as per Pass Book is given, what do you do with direct deposit by customer?AddSubtractIgnoreMultiplyQuestion 5 of 206. If overdraft as per Cash Book is given, how is interest on overdraft debited by bank treated?AddedIgnoredSubtractedDoubledQuestion 6 of 207. What is an overdraft?Amount in savingsAmount withdrawn over balanceCheque issuedAmount in fixed depositQuestion 7 of 208. What is the correct effect of cheque issued but not presented when starting with Pass Book?AddSubtractMultiplyIgnoreQuestion 8 of 209. Why is Bank Reconciliation Statement prepared?To show salesTo record cashTo reconcile differences between Cash Book and Pass BookTo prepare trading accountQuestion 9 of 2010. Which of the following is NOT a bank document?Pay-in-slipWithdrawal slipSales invoicePass BookQuestion 10 of 2011. Which facility allows 24x7 electronic funds transfer instantly in India?RTGSIMPSNEFTEFTQuestion 11 of 2012. Who sends bank advice to the customer?BusinessmanAccountantBankGovernmentQuestion 12 of 2013. Which column of the Cash Book is considered for Bank Reconciliation?Cash columnBank columnDiscount columnJournal columnQuestion 13 of 2014. What is the right-hand part of Pay-in-slip used for?Bank's recordAuditor’s recordCustomer’s referenceCheque clearanceQuestion 14 of 2015. What document is provided periodically to account holders with many transactions?Pass BookWithdrawal formBank StatementCheque bookQuestion 15 of 2016. A businessman deposits a cheque in bank.It is recorded in Cash Book but not collected.What is the effect?Pass Book shows higher balanceCash Book shows lower balanceCash Book shows higher balanceBoth balances equalQuestion 16 of 2017. A cheque deposited is dishonoured.If not recorded in Cash Book, the balance in Cash Book will be:MoreLessEqualNilQuestion 17 of 2018. What is the correct treatment of bank charges appearing in Pass Book only when starting with Cash Book?AddSubtractIgnoreMultiplyQuestion 18 of 2019. Which entry increases balance in Pass Book but not yet in Cash Book?Cheque issuedDishonoured chequeInterest creditedBank chargesQuestion 19 of 2020. A customer deposits directly into businessman’s bank account.If not recorded, Cash Book will:Show moreShow lessMatchShow zeroQuestion 20 of 20 Loading...
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