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Bank Reconciliation Statement is a record book of the transactions of a bank account. This statement helps the account holders to check and keep track of their funds and update the transaction record that they have made.
Aug 11, 2024 · Bank Reconciliation Statement (BRS) is a statement that is made to settle the difference between the balances in the bank column of the cash book and the passbook on a certain date. Bank Reconciliation Statement is helpful to identify errors in the cash book of a company and its bank balance. Important Points
Apr 28, 2023 · We have compiled the NCERT MCQ Questions for Class 11 Accountancy Chapter 5 Bank Reconciliation Statement with Answers Pdf free download covering the entire syllabus. Practice MCQ Questions for Class 11 Accountancy with Answers on a daily basis and score well in exams. Refer to the Bank Reconciliation Statement Class 11 MCQs Questions with ...
1. 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. 2. Bank reconciliation statement is? (a) Part of bank statement. (b) Part of the cash book.
Mar 26, 2023 · Bank Reconciliation Statement MCQ Quiz With Answers. To test your knowledge of bank reconciliation statements, this multiple choice question (MCQs) quiz contains 28 questions covering key topics. This quiz is helpful preparation for upcoming exams, job interviews, or work tasks.
Aug 3, 2023 · MCQs for CBSE Class 11 Accountancy Chapter 5 Bank Reconciliation Statement. Question 1: A bank reconciliation statement is prepared by: (a) Account holder in a bank (b) Bank (c) Creditors (d)...
Refer to MCQs for Accountancy Class 11 with Answers Chapter 5 Bank Reconciliation Statement designed as per the latest syllabus issued by CBSE. All Multiple choice questions have been provided with solutions and have been prepared based on the expected pattern in upcoming board exams.
Aug 25, 2021 · Practice Class 11 Accountancy MCQ Questions of Bank Reconciliation Statement with Answers here. To exam your insight into bank compromise articulations, this various decision question exam covering key topics.
Refer to CBSE Class 11 Accountancy Bank Reconciliation Statement MCQs provided below available for download in Pdf. The MCQ Questions for Class 11 Accountancy with answers are aligned as per the latest syllabus and exam pattern suggested by CBSE, NCERT and KVS.
Oct 21, 2024 · Check the below NCERT MCQ Questions for Class 11 Accountancy Chapter 5 Bank Reconciliation Statement with Answers Pdf free download. MCQ Questions for Class 11 Accountancy with Answers were prepared based on the latest exam pattern.