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Question-1
Cheque entered in the bank column of the cash book was not sent to the bank will __________the cash book balance.
(A)
Increase
(B)
Decrease
(C)
Unaffected
(D)
None of these
Question-2
Interest allowed by the bank will _________ the pass book balance.
(A)
Increase.
(B)
Decrease
(C)
Unaffected
(D)
None of these
Question-3
Any amount wrongly debited in cash book will _______ the cash book balance.
(A)
Unaffected
(B)
Increase
(C)
Decrease
(D)
None of these
Question-4
Cheque paid into bank but omitted to be entered in the cash book will _________ the cash book balance.
(A)
Unaffected
(B)
Decrease
(C)
Increase
(D)
None of these
Question-5
When money is withdrawn from the bank, the bank _________the account of the customer.
(A)
Credit
(B)
Debit
(C)
Unaffected
(D)
None of these
Question-6
The Book periodically provides a copy of statement of all bank transaction to the customer is called __________.
(A)
Bank pass book
(B)
Cash book
(C)
ATM card
(D)
None of these
Question-7
Cheque paid in the bank for collection but not yet credited by banks will __________ the cash book balance.
(A)
Increase
(B)
Decrease
(C)
Unaffected
(D)
None of these
Question-8
Interest and dividend on investment collected by the bank will __________ cash book balance.
(A)
Unaffected
(B)
Increase
(C)
Decrease
(D)
None of these
Question-9
Bank reconciliation statement is prepared by the ______________
(A)
Customers
(B)
Creditors
(C)
Debtor
(D)
Bank
Question-10
Cheque issued but not yet presented for payment will ________ pass book balance.
(A)
Increase
(B)
Decrease
(C)
Unaffected
(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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