Question 1 :
State whether the following statement is True or False.<br>Closing stock is always valued at market price.
Question 2 :
The businessman prepares the _______ and the _______ is prepared by the bank.
Question 4 :
Cheques deposited but not collected will result in increasing the balance of the cash book when compared to pass book.
Question 5 :
Which of the following is/are cause of difference of balance between cash book & the pass book?
Question 7 :
The bookkeeper recorded a cheque at Rupees 340.56 for store supplies. The cheque was recorded by the bank at its correct amount of Rupees 430.65. The bank reconciliation will require a/an _____________.<br/>
Question 8 :
Pass Book is ___________ of account holder's transaction with the Bank.
Question 9 :
Which of these statements is true about a bank pass book?
Question 10 :
Which of the following is/are cause of difference of balance between cash book & the pass book?
Question 13 :
When a banker collects the bills and credits the amount, pass book overdraft shows ______ balance than before.
Question 14 :
Which of the following is/are cause of difference of balnce between cash book & the pass book?
Question 16 :
Which of the following is/are cause of difference of balance between cash book & the pass book?
Question 17 :
A bank reconciliation statement is prepared with the balances of ________.<br/>
Question 18 :
Which of the following error results in unadjusted cash book balance?
Question 20 :
In case of an enterprise having an overdraft facility the bank reconciliation statement treats all the cheques deposited but not cleared in the cash book to be __________.
Question 21 :
Which of the following errors/ omissions are not a part of Bank reconciliation process?
Question 23 :
Which of the following is/are cause of difference of balance between cash book & the pass book?
Question 24 :
Favourable bank balance as per the cash book will be less than the bank pass book balance when there are unpresented cheques for payment.
Question 25 :
Which of the following items appearing on a bank reconciliation would require an adjusting entry?<br/>
Question 26 :
In bank reconciliation statement the account of outstanding cheques is added to ____  book balance of cash.
Question 29 :
Bank Reconciliation Statement is prepared to arrive at the Bank Balance.
Question 30 :
Interest charged by the bank will be deducted, when the overdraft as per the cashbook is made the starting point for making, the bank reconciliation statement.
Question 31 :
State whether the following statement is True or False.<br>Bank reconciliation statement is prepared by the Account holder.<br>
Question 32 :
The proper treatment on the bank reconciliation of a note collected by the bank for the depositor is to show it as an _________.
Question 33 :
________ is a statement which is prepared as on a particular date to reconcile the bank balance as per cash book with balance as per pass book by showing all the causes of difference between the two. 
Question 34 :
Difference in balance as per pass book and balance as per cash book due to ________ is/are termed as timing difference.
Question 35 :
The difference in the balances of both the cash-book and the pass-book can be because of _____________.
Question 36 :
State whether the following statement is True or False.<br>Bank Reconciliation Statement is prepared by the Bank.
Question 37 :
A bank reconciliation statement is prepared with the balance of __________.
Question 38 :
Which of the following type of account can be opened with bank?
Question 39 :
How would deposits in transit be handled when reconciling the ending cash balance as per the bank statement to the correct adjusted cash balance?
Question 40 :
Which of the following is not the salient feature of bank reconciliation statement?
Question 41 :
Normally, the cash book shows a debit balance. Pass book shows_________balance.
Question 42 :
Bank charges amounting to $Rs.5,000$ was not entered in the cash book. Identify the correct adjustment in cash book ___________.
Question 43 :
Some of the transaction that is dependent on bank statement are ____________.
Question 45 :
The main purpose of preparing a bank reconciliation statement is ___________.
Question 46 :
The difference in the balance of both the cashbook and the passbook can be because of.
Question 47 :
Bank reconciliation sometimes points to the need for adjusting entries. Invariably how should it be done?
Question 48 :
A business firm periodically prepares a bank reconciliation statement to reconcile the bank balance as per the cash book with the pass book as these two show different balances for various reasons.
Question 51 :
Direct collections received by the bank on behalf of the customers would increase the balance as per the bank pass book when compared to the balance as per the cash book.
Question 52 :
While preparing a Bank Reconciliation Statement, if you start with a debit balance as per the cash book, then cheques issued but not presented within the period are _____________.
Question 53 :
While preparing 'Annual financial Statement', the 'credit balance' shown by the Bank Pass Book should be treated as _______________.
Question 54 :
Cheques deposited in bank may not be available for immediate use due to ____________.
Question 55 :
When the balance as per cash book is the starting point, direct deposits by customers are ________.<br/>
Question 56 :
__________ is the reason for bank pass book showing less balance than Cash book.
Question 57 :
The method of current account usually employed by the banker is known as ___________.
Question 58 :
Which of the following are the salient features of bank reconciliation statement?<br/>
Question 59 :
Bank balance as per cash book $(Dr.) Rs.25,450$. A comparison of passbook and cashbook revealed the following:<br/>Bank charges $Rs.200$ was not entered in cash book.<br/>Cheques amounting to $Rs.250$ has been dishonoured but not recorded in cash book.<br/>Balance as per pass book will be _________.<br/>
Question 60 :
If the bookkeeper recorded a bank deposit of Rupees 450, but the bank recorded the deposit at its correct amount of Rupees 540. The bank reconciliation will require a/an _________.
Question 61 :
When drawing up a Bank Reconciliation Statement, if you start with a debit balance as per the Bank Statement, cheques issued but not presented for payment should be __________.<br/>
Question 62 :
When balance as per pass book is the starting point, interest allowed by bank is _________.<br/>
Question 63 :
While preparing bank reconciliation statement, cheques deposited into bank but not yet cleared are _________.
Question 64 :
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 ___________.<br/>
Question 65 :
A Bank Reconciliation Statement is prepared to know the causes for the difference between ___________________.<br/>
