Podcast
Questions and Answers
What is the balance as per the adjusted cash book?
What is the balance as per the adjusted cash book?
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
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.
Signup and view all the answers
Match the following balances with their types:
Match the following balances with their types:
Signup and view all the answers
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
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
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.