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11th Standard English Medium Accountancy Subject Bank Reconciliation Statement Creative 2 Mark Questions with Solution Part - I updated Creative Questions

11th Standard English Medium Accountancy Subject Bank Reconciliation Statement Creative 2 Mark Questions with Solution Part - I

11th Standard

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Accountancy

Time : 00:30:00 Hrs
Total Marks : 10
    5 x 2 = 10

  1. Which values are involved in the preparation of bank reconciliation statements?

  2. When bank column of a cash book shows a debit balance, what does it means?

  3. On 1st December, 2017, the opening balance as per cash book and bank record was the same. On 2nd December, Magesh issued a cheque for Rs. 2,000 toa supplier, but the same was entered in the credit side of the cash book as Rs. 200.

  4. Dinesh received his salary in cash for Rs. 5,000. He credited this amount in the bank column of cash book

  5. When can a bank reconciliation be prepared?

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