Bank Reconciliation Statement Quiz

Credit balance as per pass book is :

A deposit recorded in the bank statement but not in the cash book is called :

How should bank charges be recorded in the cash book ?

An unadjusted balance in cash book is because of the result of which error ?

When should a bank reconciliation statement be prepared ?

How are direct debits treated in a bank reconciliation ?

If a cheque is dishonored, it means :

What is "Deposit in transit" in bank reconciliation?

Which item would you subtract from the bank statement balance during a reconciliation?

What type of cheques is that which is issued by a firm but not deposited to the bank :

Unpresented checks also referred to as :

When dealing with Bank reconciliation statement while using missing method the credit side of cash book corresponds to :

Which one of the following is not missing of cash book ?

Which of the following would increase the cash book balance but not the bank statement balance ?

Which of the following is NOT a step in preparing a bank reconciliation statement ?

When cash is deposited into bank then the following account would be debited in the company accounts :

On the bank statement, cash deposited by the company is known as :

What is the first step in preparing a bank reconciliation ?

A bank reconciliation statement should be prepared :

Bank reconciliation statement compares a bank statement with .........

Which of the following would not affect bank reconciliation ?

If a cheque has been issued but not yet presented for payment, it is:

What does it mean if there are outstanding deposits on the bank reconciliation ?

A bank reconciliation statement is prepared by ?

In cash book, bank charges of $ 1,000 was not recorded. Name the correct cash book adjustment :

What is the primary purpose of a Bank Reconciliation Statement ?

When bank statement shows a debit balance, it means :

If any amount is directly deposited into the bank then ?

Uncollected checks are also known as?

Bank reconciliation description is composed of :

The check which is deposited into bank but not cleared at the end of a particular year is called :

Which of the following is a reason for a bank to dishonor a cheque ?

Bank reconciliation statement is?

When check is not paid by the bank, it is called ?

A cheque issued by a company but not yet presented for payment is known as :

If the bank statement shows a credit balance, what does it mean for the business ?

'NSF' marked in cheque sent back by the bank indicates :

Which of the following is a timing difference in a bank reconciliation ?

The balance on the debit side of the bank column of cash book indicate :

Which of the following would cause a discrepancy between the cash book and the bank statement ?