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CLASS XI

ACCOUNTANCY

BANK RECONCILATION STATEMENT

1) In cash book, the favourable balance indicates
A) Credit Balance

B) Debit Balance

C) Bank Overdraft
D) Adjusted Balance

02. In pass book, the favourable balance indicates

A) Credit Balance

B) Debit Balance

C) Bank Overdraft
D) Adjusted Balance

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

A) Credit

B) Debit
C) Liability

D) Expenses

04. Cash book is prepared by whom:

a) Bank
b) Customer
c) Auditor

d) None of the above

05. In cash book, the unfavourable balance indicates

A) Credit Balance
B) Debit Balance

C) Bank Overdraft

D) Adjusted Balance

06. In Pass book, the un favourable balance indicates
A) Credit Balance

B) Debit Balance

C) Bank Overdraft