Cheques Directly Deposited by Customers

Q.

Explain the reasons where the balance shown by the bank passbook does not agree with the balance as shown by the bank column of the cash book.

Q.

In Bank Reconciliation Statement, when balance as per cash book is taken as the starting point, direct deposit by a customer into his bank 18, 000 will be :

1. Added

2. Subtracted

3. Not required to be adjusted

4. None of the above

Q.

The cash book shows a balance of Rs.11, 000 which was different from the balance as per bank statement. The difference is found to be due to a credit entry in pass book amounting to Rs.2, 000 for direct payment by a customer in bank account. What would be the balance as per bank pass book?

1. Rs 9, 000

2. None of the above

3. Rs 11, 000

4. Rs 13, 000

Q.

Direct collections from a bank are to be ___ in cash book.

1. Not required to be adjusted

2. Added

3. None of the above

4. Subtracted

Q.

If any amount is directly deposited into the bank, then

1. Cash book will show less balance and bank book will show more

2. Cash book will show more balance and bank book will show less

3. Cash book will show double balance

4. Bank book will show double balance

Q. On a bank reconciliation which of the following would be added to the balance as per bank statement?

1. Outstanding unpaid cheques.
2. Deposits in transit.
3. Cheques not collected.
4. Both (B) and (C).

Q. Q.2. Give any two reasons for difference between Balance as per Cash Book and Balance as per Pass Book.

Q.

Answer in once sentence only.

State the meaning of Simple Entry.

Q. The pass book shows and overdraft of Rs. 2, 000. It was discovered that cheques of Rs. 200. Rs. 40 and Rs. 37 representatively has not been presented for payments and a cheque of Rs. 100 paid into account had not been cleared. The balance as per the cash book will be _____________.

1. Rs. 2, 177 (Cr.)
2. Rs. 2, 177 (Dr.)
3. Rs.1, 977 (Cr.)
4. Rs.1, 977 (Dr.)