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Free Online MCQs for Class – 11 Accountancy Chapter 15 – Bank Reconciliation Statement

Free Online MCQs for CBSE Class – 11 Accountancy Chapter 15 – Bank Reconciliation Statement with Answers. Free Online MCQs Questions for Class 11 Accountancy with Answers was Prepared Based on Latest Exam Pattern. Students can solve NCERT Class 11 Accountancy Chapter 15 – Bank Reconciliation Statement Multiple Choice Questions with Answers to know their preparation level on Success Roar Classes Website itself.

Free Online MCQs for Class -11 Accountancy

Chapter-15 Bank Reconciliation Statement with Answers

  1. A Bank Reconciliation Statement is:
    1. A part of cash book 
    2. A part of pass book
    3. A statement prepared by bank     
    4. A statement prepared by a customer
  2. A pass book is a copy of
    1. A customer’s account in the bank’s books
    2. Cash book relating to bank column
    3. Cash book relating to cash column
    4. Firm’s receipts and payments
  3. A bank reconciliation statement is prepared with the balance of:
    1. Cash book
    2. Pass book
    3. Either cash book or pass book
    4. Neither cash book nor pass book
  4. Unfavourable bank balances means:
    1. Credit balance in the cash book
    2. debit balance in the pass book 
    3. Debit balance in the cash book
    4. Favourable balance in the cash book
  5. The main purpose of preparing a bank reconciliation statement is?
    1. To know the bank balance
    2. To know the balance of bank statement
    3. To correct the cash book
    4. To identify causes of difference between cash book and bank statement
  6. Uncollected checks are also known as?
    1. Outstanding checks
    2. Uncleared checks
    3. Outstation checks
    4. Both b & c
  7. When check is not paid by the bank, it is called?
    1. Honored
    2. Endorsed
    3. Dishonored
    4. a & b
  8. Bank reconciliation is not a?
    1. Reconcile records
    2. Memorandum statement
    3. Ledger account
    4. Procedure to provide cash book adjustments
  9. Bank statement also called?
    1. Pass book
    2. Cash book
    3. Credit book
    4. Debit book
  10. The balance on the debit side of the bank column of cash book indicates?
    1. The total amount has drawn from the bank
    2. Cash at bank
    3. The total amount overdraft in the bank
    4. None of above

MCQs Questions of Class – 11 Accountancy Chapter-15 Bank Reconciliation Statement

Answer Key

  1.  (d)      2. (a)     3. (c)     4. (b)     5. (d)   6. (d)  7. (C)  8. (c)  9. (a)  10. (b)

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Hoorain

That’s really very good I like it.

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