CBSE Class 11-commerce Accountancy Part I Meaning and Purpose of Bank Reconciliation
- What is the need and purpose of preparing a bank reconciliation statement?
- Explain in brief the reason for the difference caused by “cheques paid into the bank but not yet collected” with an example.
- What is bank reconciliation statement and why is it prepared?
- Explain the causes/reasons for the disagreement between the cash book balance and the passbook balance.
- Explain briefly 4 reasons for disagreement between the cash book balance and the passbook balance caused because of time gap.
- Give two examples of errors committed by the firm in recording transactions in the cash book.
- Give two examples of errors committed by the bank in recording transactions in the passbook.
- List 4 items having an effect of higher balance in the passbook.
- List 4 items having an effect of higher balance in the cash book.
- What is debit balance and credit balance as per cash book and bank pass book?
Class 11-commerce Accountancy Part I Bank Reconciliation Statement
- Bank Reconciliation Statement with adjusted Cash Book
- BRS- When Favourable Balance as per Cash Book given
- BRS- When Favourable Balance as per Pass Book given
- BRS- When Unfavourable (Overdraft) Balance as per Cash Book given
- BRS- When Unfavourable (Overdraft) Balance as per Pass Book given
- Introduction to Bank Reconciliation Statement
- Meaning and Purpose of Bank Reconciliation
- Preparation of Bank Reconciliation Statement