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. When check is not paid by the bank, it is called?
(a) Honored
(b) Endorsed
(c) Dishonored
(d) both a & b

2. Bank reconciliation is not a _____.
(a) Reconcile records
(b) Memorandum statement
(c) Ledger account
(d) Procedure to provide cash book adjustments

3. The balance on the debit side of the bank column of cash book indicates?
(a) The total amount has drawn from the bank
(b) Cash at bank
(c) The total amount overdraft in the bank
(d) None of above

4. Bank statement is also called?
(a) Pass book
(b) Cash book
(c) Credit book
(d) Debit book

5. The main purpose of preparing a bank reconciliation statement is?
(a) To know the bank balance
(b) To know the balance of bank statement
(c) To correct the cash book
(d) To identify causes of difference between cash book and bank statement

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By Team Learning Mantras