Bank Reconciliation Statement Class 11 MCQ | Accountancy Quiz for Class 11 and Other Competitive Exams

Bank Reconciliation Statement Class 11 MCQ: Check the below NCERT MCQ Questions for Accountancy Bank Reconciliation Statement Class 11 MCQ with Answers Pdf free download. Bank Reconciliation Statement Class 11 MCQ  Questions for Accountancy with Answers were prepared based on the latest exam pattern. We have provided Bank Reconciliation Statement Class 11 Questions with Answers to help students understand the concept very well.

Bank Reconciliation Statement Class 11 MCQ


1. Unfavourable bank balances mean ______.
(a) Credit balance in the cash book
(b) Debit balance in the pass book
(c) Debit balance in the cash book
(d) Favourable balance in the cash book

View Answer

(c) Debit balance in the cash book


2. The cheque which is issued to the creditor but is not presented for payment is called _____.
(a) Uncredited cheque
(b) Outstanding cheque
(c) Omitted cheque
(d) Dishonored cheque

View Answer

(b) Outstanding cheque


3. When a cheque is returned by the bank showing some technical reason is known as _______.
(a) Honor of the cheque
(b) Balance of account
(c) Dishonor of the cheque
(d) None of the above

View Answer

(c) Dishonor of the cheque


4. Which of the following items is not a reason for the difference between bank balance as per cash book and pass book?
(a) Dishonored cheques
(b) Cheques deposited but not yet cleared
(c) Credit sales
(d) Cheques issued but not yet presented for payment

View Answer

(c) Credit sales


5. XYZ Ltd. receives a cheque for Rs. 100, records it in the cash book, and deposits it on the same day. A statement sent by the bank that day does not show this Rs. 100. How is this shown on the bank reconciliation statement?
(a) As an uncredited deposit added to the bank statement balance
(b) As an uncredited deposit deducted from the bank statement balance
(c) As an unpresented cheque added to the bank statement balance
(d) As an unpresented cheque deducted from the bank statement balance

View Answer

(a) As an uncredited deposit added to the bank statement balance


Follow on Facebook

By Team Learning Mantras

Related post