MCQ Questions Class 11 Bank Reconciliation Statement With Answers

CBSE Class 11 Bank Reconciliation Statement Multiple Choice Questions with Answers. MCQ Questions Class 11 Bank Reconciliation Statement with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 11 Bank Reconciliation Statement with Answers to know their preparation level.

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MCQ Questions Class 11 Bank Reconciliation Statement with Answers - Set - 4

Question 1:

A bank reconciliation statement is mainly prepared for
(a) Reconcile the cash balance of the cash book
(b) Reconcile the difference between the bank balance shown by the cash book and bank passbook
(c) Both (a) and (b)
(d) None of these

Check Answer

Correct Answer – (B)

Question 2:

A bank reconciliation statement is prepared by
(a) Creditors
(b) Bank
(c) Account holder in a bank
(d) Debtors

Check Answer

Correct Answer – (C)

Question 3:

Check Answer

Correct Answer – (B)

Question 4:

Unfavourable bank balance means
(a) Credit balance in passbook
(b) Credit balance in cash book
(c) Debit balance in cash book
(d) None of these

Check Answer

Correct Answer – (B)

Question 5:

A bank reconciliation statement is prepared with the balance
(a) Passbook
(b) Cash book
(c) Both passbook and cash book
(d) None of these

Check Answer

Correct Answer – (C)

MCQ Questions Class 11 Bank Reconciliation Statement With Answers

Question 6:

Passbook is a copy of:
(a) Customer account
(b) Bank column of cash book
(c) Cash column of cash book
(d) Receipts and payments

Check Answer

Correct Answer – (A)

Question 7:

Bank Reconciliation Statement is prepared
(a) to know the payments made through cheques.
(b) to know the errors in the Pass Book.
(c) to compare the Cash Book with Pass Book and ascertain the differences.
(d) None of the above.

Check Answer

Correct Answer – (C)

Question 8:

Favourable bank balance means :
(a) Credit balance in the cash book
(b) Credit balance in passbook
(c) Debit balance in the cash book
(d) Both (b) and (c)

Check Answer