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2. When drawing up a Bank Reconciliation Statement, if you start with a debit balance as per the Bank Statement, the unpresented cheques should be: A. Added B. Deducted C. Not required to be adjusted D. None of the above

4. When the balance as per Cash Book is the starting point, direct deposits by customers are. A. Added B. Subtracted C. Not required to be adjusted D. None of these

5. If the balance as per Pass Book is the starting point, so the treatment of undercasting of receipt side of Cash Book will be : A. Added B. Deducted C. No treatment D. None of these

7. When drawing up a Bank Reconciliation Statement, if you start with a debit balance as per the Bank Statement, the unpresented cheques should be: A. Added; B. Deducted; C. Not required to be adjusted. D. None of the above.

8. When favourable balance as per cash book is the starting point, wrong debit by the bank to the firm will be: A. Added B. Subtracted C. Both D. None

10. Debit balance as per cash book Rs.2000 Cheques deposited but not cleared Rs. 100 Cheques issued but not presented Rs. 150 Bank allowed interest Rs. 50 Bank collected dividend Rs. 50 Balance as per Pass Book will be: A. Rs. 2,100 B. Rs. 1,950 C. Rs. 2,350 D. Rs. 2,150

11. A debit balance in the depositor’s Cash Book will be shown as: A. a debit balance on the Bank Statement. B. a credit balance on the Bank Statement. C. an overdrawn balance on Bank Statement. D. None of the above.

12. When balance as per Cash Book is the starting point, uncollected cheques are: A. Added in the bank reconciliation statement B. Subtracted in the bank reconciliation statement C. Not required to be adjusted in the bank reconciliation statement D. Neither of the above.

13. For preparing Bank Reconciliation statement the documents statements required are: A. Cash column of cash book and bank statement B. Bank column of cash book and bank statement C. Bank and cash column of the cash book D. Bank statement

15. Overdraft as per Cash book means: A. Credit balance in the cash book B. Credit balance in the bank column of the cash book C. Decrease in Liability D. None

17. The balance as per Cash Book is Rs. 10,000 Cheques for Rs. 2,000 were issued but not presented for payment. What would be the balance as per Pass Book? A. Rs. 10,000 B. Rs. 2,000 C. Rs. 12,000 D. None of the above

18. When Money is withdrawn from bank the bank: A. Credits Customers A/c B. Debits Customer’s A/c C. Credits and Debits customer’s A/c D. None of these

19. A Bank Reconciliation Statement is prepared with the help of : A. Bank statement and bank column of the Cash Book. B. Bank statement and cash column of the Cash Book C. Bank column of the Cash Book and cash column of the Cash Book D. None of the above.

20. When overdraft as per Cash Book is the starting point, a cheque of Rs. 500 deposited into bank but not recorded in cash book will be : A. Added by Rs. 500 B. Deducted by Rs. 500 C. Added by Rs. 1,000 D. Deducted by Rs. 1,000