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. Bank reconciliation statement is?
(a) Part of bank statement
(b) Part of the cash book
(c) A separate statement
(d) a sub-division of journal

2. Uncollected checks are also known as?
(a) Outstanding checks
(b) Uncleared checks
(c) Outstation checks
(d) Both b & c

3. Favorable balance means?
(a) Credit balance in the cash book
(b) Credit balance in Bank statement
(c) Debit balance in cash book
(d) both b and c

4. Unfavorable balance means?
(a) Credit balance in the cash book
(b) Credit balance in Bank statement
(c) Debit balance in cash book
(d) Debit balance in petty cash book

5. Credit balance in bank pass book means?
(a) Bank overdraft
(b) Bank balance
(c) Balance as per cash book
(d) None of these

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By Team Learning Mantras