Podcast
Questions and Answers
What is the balance as per the adjusted cash book?
What is the balance as per the adjusted cash book?
- Rs. 4, 96, 050
- Rs. 4, 91, 550 (correct)
- Rs. 4, 25, 630
- Rs. 42, 25, 00
The balance as per the cash book is higher than the balance as per the pass book.
The balance as per the cash book is higher than the balance as per the pass book.
False (B)
What is the balance as per the pass book for the last mentioned value?
What is the balance as per the pass book for the last mentioned value?
Rs. 2, 83, 000
The balance as per the pass book was ____ before adjustments.
The balance as per the pass book was ____ before adjustments.
Match the following balances with their types:
Match the following balances with their types:
Flashcards
Balance as per Pass Book
Balance as per Pass Book
The balance shown in the company's bank records.
Balance as per Cash Book
Balance as per Cash Book
The balance shown in the company's internal accounting records.
Balance as per Adjusted Cash Book
Balance as per Adjusted Cash Book
The balance in the Cash Book after adjusting for any discrepancies with the Pass Book.
Bank Balance as per Pass Book
Bank Balance as per Pass Book
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Balance as per Adjusted Cash Book
Balance as per Adjusted Cash Book
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Study Notes
Bank Reconciliation
- Bank balance as per the passbook: Rs. 4,96,050
- Cash book balance: Rs. 2,500
- Adjusted cash book balance: Rs. 4,91,550
- Initial balance as per passbook: Rs. 4,25,630
- Initial balance as per cash book: Rs. 42,25,00
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Description
Test your knowledge on bank reconciliation statements with this quiz. The questions cover key aspects like understanding bank balances, cash book entries, and adjustments needed for accurate financial reporting. Perfect for financial students and professionals alike.
