7/24/2019 Accounting 03 (BRS Cash Book)

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Scholars AcademyStep In Bright Future In Our Guidance

41-Durand Road, Near Queen Marry Coege, !ahore"h#$4%-&'&$($)(, &'&$*%*%

Test # 3 (BRS Cash Book)

Class: 1stYearRoll No: P. O. Accountin

Ti!e Allo"e: 1$ %in

Total %arks: 1&

O'ectie

Q1. Encircle the most suitable answer from the following four answer. (110=10)

i) Ahmeds cheque endorsed to Akbar should be debited to:

a) Cash account b) Cheque account c) Akbars account d) Ahmeds account

ii) Cash account is a:

a) Personal account b) Nominal account c) Real account d) Both personal & real

iii) Bank reconciliation statement is prepared by:

a) Banker b) Customers accountant c) Auditors d) Manaer

i!) "he #a!orable balance o# cash book bank column is:

a) Credit balance b) $ebit balance c) Both debit and credit balance d) None o# these

!) "he #a!orable balance o# bank statement is:a) Credit balance b) $ebit balance c) %ero balance d) abc

!i) 'n#a!orable balances mean:

a) Credit balance in the pass book b) Credit balance in the cash book

c) $ebit balance in bank statement d) Both bc

!ii) Cheques issued to a creditor but not presented #or payment are called:

a) 'ncredited cheques b) (mitted cheques c) 'npresented Cheques d) None o# these

!iii) Cheques recei!ed #rom debtors but not collected by the bank are called:

a) $ishonored cheques b) 'ncredited cheques c) 'npresented cheques d) None o# these

i) "he credit balance o# bank account in cash book is called:

a) *pense b) Asset c) +ncome d) ,iabilities

) Pass Book is prepared by:

a) $ebtor b) Creditor c) Banker d) Customer

7/24/2019 Accounting 03 (BRS Cash Book)

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- . )

Scholars AcademyStep In Bright Future In Our Guidance

41-Durand Road, Near Queen Marry Coege, !ahore"h#$4%-&'&$($)(, &'&$*%*%

(BRS Cash Book)

Class: 1stYearRoll No: P. O. Accountin

Ti!e Allo"e: 1:1$ *our

Total %arks: +&

Subjective

Q1. Give an twelve Short !nswer of following "uestions. (10#=#0)

i) $e#ine bank/ ii) $e#ine bank Reconciliation 0tatement/

iii) $e#ine contra entry/ i!) $e#ine bank o!erdra#t/

!) $e#ine unpresented cheques/ !i) $e#ine bank passbook/!ii) $e#ine pay1in slip/ !iii) $e#ine cheque book/

!ttem$t both "uestions (10#=#0)

Q#. 2rom the #ollo3in particulars prepare a Bank reconciliation statement as at 45 st$ecember .667 o#

0alman:

(!erdra3n as per cash book Rs/ 7566

+nterest on Bank o!erdra#t debited in pass book only Rs/ 557

Cheques issued but not cashed #rom bank Rs/ 866Cheques paid in but not cleared by bank Rs/ 5497

BR discounted 3ith the bank in No!ember but

dishonoured 45st$ecember Rs/ 457

Q%. A trader has t3o Bank account ;;;Ac No/ 5 and Ac No/ ./ "he #ollo3in particulars relatin to Ac

No/ 5 are a!ailable on 45stMarch .667/ prepare a bank reconciliation statement as on 45 st March

.667:

Pass Book balance -o!erdra3n) Rs/ 46666/

Cheques dra3n prior to 45stMarch .667 but not presented as yet Rs/