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Accountancy
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Question-1
Interest and dividend on investment collected by the bank will __________ cash book balance.
(A)
Unaffected
(B)
Increase
(C)
Decrease
(D)
None of these
Question-2
Any amount wrongly credited in cash book will _________ the cash book balance.
(A)
Unaffected
(B)
Increase
(C)
Decrease
(D)
None of these
Question-3
Cheque paid into bank but omitted to be entered in the cash book will _______ the pass book balance.
(A)
Unaffected
(B)
Decrease
(C)
Increase
(D)
None of these
Question-4
Identify the reason for difference in reconciliation.
(A)
Cheque issued but not yet presented for payment
(B)
Cheque depended into bank
(C)
Cheque issued to creditor
(D)
Interest allowed by the bank is entered appropriately
Question-5
Cheque paid into bank for collection but dishonored by the bank will _________ the pass book balance.
(A)
Increase
(B)
Decrease
(C)
Unaffected
(D)
None of these
Question-6
Any amount wrongly debited by the bank in the pass book will ________ the cash book balance.
(A)
Unaffected
(B)
Increase
(C)
Decrease
(D)
None of these
Question-7
Debit balance in cash book shows ___________ balance.
(A)
Favorable
(B)
Unfavorable
(C)
None of these
(D)
All of these
Question-8
Direct payment made by bank on behalf of customers will ________the cash book balance.
(A)
Unaffected
(B)
Increase
(C)
Decrease
(D)
None of these
Question-9
If the pass book shows a favorable balance and if it is taken as the starting point for the purpose of bank reconciliation statement then cheque issued but not presented for payment should be ________to find out cash balance.
(A)
Added
(B)
Deducted
(C)
Unaffected
(D)
None of these
Question-10
Interest allowed by the bank will _______ the cash book balance.
(A)
Unaffected
(B)
Increase
(C)
Decrease
(D)
None of these
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Plus 1 Commerce
ICSE/ISC
Practice in Related Chapters
Introduction Of Accounting
Concepts, Standards And Basis
Classification Of Accounts Under Double Entry System And Accounting Equation
Ledger
Trial Balance
Final Accounts Or (Financial Statements)
Journal
Sub-Division Of Journal : Cash Book
Sub-Division Of Journal : Specified purpose Subsidiary
Bank Reconciliation Statement
Rectification Of Errors
Capital And Revenue Expenditure/Income
Depreciation Accounting
Provisions And Reserves
Single Entry System : Accounts From Incomplete Records
Accounts of Non Trading Organization
Bills of Exchange
Introduction To The Use Of Computers In Accounting
Accounting concepts,standards and basis
Introduction to Accounting
Depreciation, Provision and Reserves
Trial Balance and Rectification of Errors
Depreciation, Provision and Reserves
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