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BR
Question Practice

Why might a company’s cash book show less than its bank passbook?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Bank Reconciliation Statement
Question Bank

Why might a company’s cash boo...

Single Answer MCQ
Q-00054091

Why might a company’s cash book show less than its bank passbook?

1

Bank charges are recorded in the cash book

2

Cheques issued but not deposited

3

Deposits not yet recorded in the cash book

4

None of the above

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Continue with nearby questions to strengthen the same chapter concept while you still have the context fresh in mind.

Q1.

What does the bank reconciliation statement help to identify?

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Q2.

What should be added to the cash book balance to update it during reconciliation?

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Q3.

If a bank has directly credited an account with interest, how should this be handled in the cash book?

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Q4.

When cheques issued by a company are not presented for payment by the payee, what adjustments are made in the bank reconciliation statement?

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