Bank Reconciliation Quiz
5 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

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.

    False

    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.

    <p>Rs. 4, 96, 050</p> Signup and view all the answers

    Match the following balances with their types:

    <p>Rs. 4, 25, 630 = Balance as per Pass Book Rs. 42, 25, 00 = Balance as per Cash Book Rs. 4, 91, 550 = Balance as per Adjusted Cash Book Rs. 2, 83, 000 = Another Balance as per Pass Book</p> 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.

    Quiz Team

    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.

    More Like This

    Use Quizgecko on...
    Browser
    Browser