10. Bank Reconciliation Statement

What is the primary purpose of preparing a Bank Reconciliation Statement (BRS)?

A cheque was issued and recorded in the cash book, but it has not been presented for payment yet. How will this affect the Bank Reconciliation Statement?

Which of the following is NOT a common cause of a difference between the cash book balance and the pass book balance?

Which of the following balances represent a credit balance in the bank statement?

If a cheque deposited into the bank is dishonored, what effect will it have on the Bank Reconciliation Statement?

When reconciling the cash book with the pass book, which of the following should be deducted from the cash book balance if not yet recorded?

Which of the following is a favorable balance as per the pass book?

A Bank Reconciliation Statement is usually prepared:

Which of the following items would result in an increase in the pass book balance but not in the cash book balance?

What happens if a customer deposits a cheque directly into the bank, but it is not recorded in the cash book until later?

If the bank charges a customer for services, but the customer has not recorded the charges, how will this affect the Bank Reconciliation Statement?

In a Bank Reconciliation Statement, a cheque issued but not yet presented will be:

A deposit recorded in the pass book but omitted from the cash book is an example of:

If a customer directly deposits money into the business’s bank account and it is not recorded in the cash book, what is the appropriate action in the Bank Reconciliation Statement?

The bank credits the account of a business for interest earned. If this is not recorded in the cash book, what is the result?

What is the effect on the Bank Reconciliation Statement if a cheque deposited into the bank has been dishonored?

A Bank Reconciliation Statement helps to:

What should be done if the bank records a transaction as a debit that should have been a credit?

Which of the following would cause the cash book balance to be lower than the pass book balance?

A Bank Reconciliation Statement should include:

Which of the following is considered an unfavorable balance in a bank reconciliation?

Which of the following is NOT an example of a cause for difference between cash book and pass book balances?

The process of reconciling the cash book and pass book is referred to as:

Which of the following would cause the bank balance as per the pass book to be higher than the balance as per the cash book?

If a cheque is issued to a supplier but is yet to be presented, what adjustment is needed in the reconciliation?

Which of the following could result in an increase in the balance as per the cash book but not the pass book?

In a Bank Reconciliation Statement, what happens if a cheque issued to a vendor has been lost and not presented?

Which of the following will be added to the pass book balance while preparing a Bank Reconciliation Statement?

What is the effect of a dishonored cheque on the Bank Reconciliation Statement?

How would a cheque that has been issued but not presented for payment affect the reconciliation process?

Which of the following is a positive entry in the Bank Reconciliation Statement?

If the bank records an interest earned and it is not recorded in the cash book, how will it affect the Bank Reconciliation Statement?

A cheque for ₹5,000 was issued but only ₹3,000 was recorded in the cash book. What is the effect on the Bank Reconciliation Statement?

Bank reconciliation statements are used to:

What would cause a difference between the balance of the pass book and the cash book?

A cheque was issued, recorded in the cash book, but not yet presented to the bank. What should be done in the Bank Reconciliation Statement?

Which of the following would increase the balance in the pass book but not the cash book?

Why is it important to prepare a Bank Reconciliation Statement?

Which of the following transactions is NOT included in a Bank Reconciliation Statement?

A Bank Reconciliation Statement reconciles:

Which of the following is the correct treatment for a cheque that was deposited but not cleared by the bank?

The balance shown by a Bank Reconciliation Statement is generally referred to as:

Which of the following would NOT affect a Bank Reconciliation Statement?

What would cause the pass book balance to be lower than the cash book balance?

What is the appropriate treatment for a cheque that was dishonored after being deposited into the bank?

If a bank erroneously credits the wrong amount to a customer’s account, what is the effect on the Bank Reconciliation Statement?

Which of the following is a debit entry in the pass book?

What happens to the Bank Reconciliation Statement when a direct deposit by a customer is not recorded in the cash book?

Which of the following would NOT be included in a Bank Reconciliation Statement?

If a cheque issued by the company is not recorded in the cash book, how should it be treated during reconciliation?

When preparing a Bank Reconciliation Statement, which of the following items should be added to the cash book balance?

Which of the following is NOT a purpose of preparing a Bank Reconciliation Statement?

Which of the following statements is true regarding a Bank Reconciliation Statement?

What should be done if a customer deposit is recorded in the bank statement but not in the cash book?

How are standing instructions (e.g., automatic payments) by the bank treated in a Bank Reconciliation Statement?

If a cheque is issued and recorded in the cash book but has not yet been presented for payment, it is considered:

Which of the following would cause the pass book balance to be higher than the cash book balance?

When a cheque is dishonored by the bank, how is it treated in the reconciliation process?

Which of the following would appear on the credit side of the pass book?

What is the effect of a bank overdraft on the Bank Reconciliation Statement?

If the pass book shows a higher balance than the cash book due to unpresented cheques, what adjustment is made in the Bank Reconciliation Statement?

Which of the following could cause a mismatch between the balances in the pass book and the cash book?

A Bank Reconciliation Statement helps ensure:

Which of the following would

A cheque was deposited into the bank, but it was not yet cleared. What effect does this have on the Bank Reconciliation Statement?

Which of the following would cause the bank balance as per the pass book to be lower than the balance as per the cash book?

A Bank Reconciliation Statement is used for:

What adjustment is made in the Bank Reconciliation Statement for direct credits by the bank?

How should an overdraft shown in the pass book be treated in the Bank Reconciliation Statement?

If a cheque is deposited into the bank but not recorded in the cash book, what should be done in the Bank Reconciliation Statement?

Which of the following can help detect fraudulent activities in financial records?

Which of the following is a common cause for differences between the pass book and cash book balances?

Which of the following would NOT affect the balance in the cash book?

A company’s cash book shows a balance of ₹80,000, while the pass book shows ₹90,000. A cheque of ₹10,000 has been issued but not yet presented. What should the balance be after reconciliation?

If a cheque of ₹12,000 was issued but not yet presented and the pass book shows a balance of ₹50,000, what is the balance as per the cash book after reconciliation?

The cash book shows a balance of ₹75,000. A cheque for ₹25,000 was deposited but not yet credited by the bank. What is the balance as per the pass book after reconciliation?

A business issued cheques worth ₹60,000, but only ₹40,000 of these were presented. The cash book balance is ₹120,000. What is the pass book balance?

A cheque of ₹20,000 was dishonored but recorded as cleared in the cash book. If the pass book shows ₹40,000, what should the cash book balance be after reconciliation?

The bank charges ₹500 as fees which is not recorded in the cash book. If the cash book balance is ₹10,000, what will be the adjusted balance?

If a customer directly deposits ₹5,000 into the bank and it is not recorded in the cash book, what will the adjustment to the cash book be?

If the cash book shows a debit balance of ₹45,000 and the pass book shows a credit balance of ₹50,000, what could cause the discrepancy?

A cheque for ₹20,000 was deposited but not yet cleared. The cash book shows ₹30,000. What is the balance as per the pass book after reconciliation?

A company issued cheques worth ₹80,000, but only ₹60,000 of these were presented. The pass book shows a balance of ₹120,000. What is the adjusted cash book balance?

If the cash book shows a balance of ₹5,000 and bank charges of ₹500 are not recorded, what will be the balance after reconciliation?

If the pass book shows ₹25,000 and the cash book shows ₹20,000, with ₹5,000 of cheques deposited but not yet cleared, what is the correct balance after reconciliation?

A cheque for ₹15,000 was dishonored. If the pass book shows a balance of ₹40,000, what should the cash book balance be after reconciliation?

The bank credited ₹10,000 of interest, but it is not recorded in the cash book. If the cash book shows a balance of ₹40,000, what should the balance be after reconciliation?

Which of the following represents a favorable balance as per the cash book?

A cheque for ₹8,000 was issued but not recorded in the cash book. If the pass book shows a balance of ₹25,000, what should the cash book balance be after adjustment?

If a cheque of ₹10,000 is recorded twice in the cash book, what adjustment should be made during reconciliation?

The bank charged fees of ₹300 not recorded in the cash book. The cash book shows ₹12,000. What is the corrected balance after reconciliation?

A company’s cash book shows a balance of ₹100,000, but the pass book shows ₹110,000. A cheque for ₹15,000 was issued but not yet presented. What is the correct cash book balance after reconciliation?

A company issued cheques worth ₹60,000 but recorded only ₹50,000 in the cash book. If the pass book shows a balance of ₹150,000, what is the balance after reconciliation?

If a deposit of ₹20,000 is not recorded in the pass book, but recorded in the cash book, what is the correct adjustment?

A company recorded a cheque for ₹25,000 in the cash book, but it was dishonored. What should the balance be if the cash book initially showed ₹45,000?

A deposit of ₹12,000 was not recorded in the pass book. The cash book

A company’s cash book shows a balance of ₹20,000, while the pass book shows ₹30,000. A cheque of ₹10,000 was deposited but not yet cleared. What is the correct balance after reconciliation?

A cheque of ₹15,000 issued by the company has not been recorded in the cash book. If the cash book balance is ₹55,000, what is the correct balance after reconciliation?

If a cheque for ₹12,000 has been deposited but not recorded in the cash book, how should the bank reconciliation be adjusted?

The bank credited ₹5,000 of interest, but it is not recorded in the cash book. If the pass book balance is ₹45,000, what should the cash book balance be after reconciliation?

A company’s cash book shows a balance of ₹25,000, but the pass book shows ₹35,000. A cheque of ₹10,000 was deposited but not yet cleared. What is the correct balance after reconciliation?

If the bank charged ₹1,000 as fees, and the cash book balance is ₹20,000, what is the adjusted cash book balance?

If a customer directly deposits ₹8,000 into the bank and it is not recorded in the cash book, what will be the adjustment to the cash book balance?

The pass book shows a balance of ₹10,000, while the cash book shows ₹8,000. A cheque for ₹2,000 was issued but not presented. What is the correct balance after reconciliation?

A cheque of ₹9,000 was dishonored. If the pass book balance is ₹45,000, what should the cash book balance be after reconciliation?

The cash book shows a balance of ₹55,000, while the pass book shows ₹45,000. A cheque of ₹10,000 was issued but not presented. What is the correct balance after reconciliation?

If the cash book shows a debit balance of ₹60,000 and a cheque of ₹10,000 is issued but not yet presented, what is the balance after reconciliation?

If the pass book balance is ₹100,000 and the cash book balance is ₹90,000, with ₹10,000 worth of unpresented cheques, what is the reconciled balance?

The bank credited ₹1,500 as interest, but it is not recorded in the cash book. If the cash book shows ₹15,000, what will the balance be after adjustment?

A cheque of ₹25,000 was issued but not presented, and the pass book shows ₹50,000. What should the cash book balance be after reconciliation?

If the cash book shows a balance of ₹90,000 and the pass book shows ₹100,000, with ₹10,000 of interest not recorded, what is the adjusted balance after reconciliation?

The pass book shows ₹60,000, while the cash book shows ₹55,000. A cheque of ₹5,000 was deposited but not yet cleared. What is the balance after reconciliation?

A cheque of ₹5,000 issued by the company was not recorded in the cash book. If the pass book shows a balance of ₹30,000, what should the cash book balance be after reconciliation?

A company issued cheques worth ₹15,000, but only ₹10,000 were presented. The cash book balance is ₹50,000. What is the pass book balance?

The cash book shows a balance of ₹20,000. Bank charges of ₹500 were not recorded. What is the corrected balance after reconciliation?

The bank credited ₹2,000 as interest, but it is not recorded in the cash book. If the cash book shows ₹30,000, what will the balance be after reconciliation?

A company’s cash book shows a balance of ₹60,000, but the pass book shows ₹70,000. A cheque of ₹5,000 was issued but not presented. What is the correct cash book balance after reconciliation?

If a cheque of ₹5,000 is recorded twice in the cash book, what adjustment should be made in the Bank Reconciliation Statement?

A company recorded ₹15,000 as received from a customer

The cash book shows a balance of ₹25,000, while the pass book shows ₹30,000. A cheque of ₹5,000 was deposited but not cleared. What is the correct balance after reconciliation?

A company issued cheques worth ₹40,000, but only ₹30,000 of these were presented. The pass book shows a balance of ₹100,000. What is the adjusted cash book balance?

If the pass book balance is ₹90,000 and the cash book balance is ₹85,000, with ₹5,000 of unpresented cheques, what is the reconciled balance?

A company issued cheques worth ₹50,000, but only ₹40,000 were presented. The pass book shows a balance of ₹80,000. What is the correct balance after reconciliation?

If the pass book balance is ₹70,000 and the cash book balance is ₹60,000, with ₹10,000 of interest not recorded in the cash book, what is the correct balance after reconciliation?

The cash book shows a balance of ₹30,000, while the pass book shows ₹40,000. A cheque of ₹10,000 was issued but not presented. What is the correct balance after reconciliation?

If a cheque for ₹5,000 was dishonored but recorded as cleared in the cash book, what will the effect be during reconciliation?