Ch 3: Bank Reconciliation Statement — Chapter Test
CSEET
📚 Fundamentals of Accounting
📖 Ch.3 — BANK RECONCILIATION STATEMENT
⭐ V1: Previous Year Question (PYQ)
⚡ Free Mode (Answers Locked)
⏱ Duration: 25 Mins
🎯 Total Marks: 20
Passed at: 10 Marks
Max Attempts: 10
Standard ICSI CSEET objective examination for Bank Reconciliation Statement. 20 MCQs with instant scoring and detailed explanations.
📑 Exam Questions
20 Questions • Total 20 MarksQuestion 1:
1 Marks
What is the primary purpose of preparing a Bank Reconciliation Statement?
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Question 2:
1 Marks
A Bank Reconciliation Statement is typically prepared by:
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Question 3:
1 Marks
A Bank Reconciliation Statement is a part of:
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Question 4:
1 Marks
A cheque issued by the firm but not yet presented for payment at the bank will result in:
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Question 5:
1 Marks
If a firm starts preparing BRS with a debit balance as per Cash Book, a cheque issued but not yet presented for payment should be:
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Question 6:
1 Marks
A cheque deposited into the bank but not yet cleared will cause:
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Question 7:
1 Marks
When preparing a BRS starting with a debit balance as per Cash Book, a cheque deposited but not yet cleared by the bank should be:
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Question 8:
1 Marks
Bank charges debited by the bank appear in the Pass Book but not yet in the Cash Book. When preparing BRS starting with a debit balance as per Cash Book, these charges should be:
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Question 9:
1 Marks
Interest allowed by the bank, credited in the Pass Book but not yet recorded in the Cash Book, will require what adjustment if starting with a debit balance as per Cash Book?
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Question 10:
1 Marks
A customer directly deposited cash into the firm's bank account, which is not yet recorded in the Cash Book. If starting with a debit balance as per Cash Book, this amount should be:
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Question 11:
1 Marks
A cheque of ₹5,000 deposited was correctly recorded in the Pass Book but wrongly recorded as ₹500 in the Cash Book. When starting with a debit balance as per Cash Book, what adjustment is needed?
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Question 12:
1 Marks
The bank wrongly debited a cheque of another customer to the firm's account. This is an example of:
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Question 13:
1 Marks
If the BRS is prepared starting with an overdraft balance as per Cash Book, a cheque issued but not yet presented for payment should be:
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Question 14:
1 Marks
When preparing a BRS starting with an overdraft balance as per Cash Book, a cheque deposited but not yet cleared by the bank should be:
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Question 15:
1 Marks
Interest charged by the bank on an overdraft, not yet recorded in the Cash Book, will be treated as what when starting with a debit balance as per Cash Book?
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Question 16:
1 Marks
If a BRS is prepared starting with a credit balance as per Pass Book, bank charges debited by the bank but not yet recorded in the Cash Book should be:
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Question 17:
1 Marks
When preparing a BRS starting with a credit balance as per Pass Book, a cheque issued by the firm but not yet presented for payment should be:
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Question 18:
1 Marks
If a BRS is prepared starting with a credit balance as per Pass Book, a cheque deposited but not yet cleared by the bank should be:
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Question 19:
1 Marks
Which of the following is NOT a direct objective of preparing a Bank Reconciliation Statement?
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Question 20:
1 Marks
Which of the following is generally NOT a reason for a difference between the Cash Book balance and the Pass Book balance?
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