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Bank Reconciliation Statement - Accountsprinciplesofaccounts Jamb Past Questions and Answers

Accountsprinciplesofaccounts Questions And Answers On Bank Reconciliation Statement
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Accountsprinciplesofaccounts Jamb Past Questions


Questions and Answers on Bank reconciliation statement

Question 6 :



Use the information below to answer questions
Balance as per cash book................N13560
Unpresented cheques.....................N5120
Uncredited lodgements...................N2300
Dividend received not entered
in the cash book........................N2000
Bank charges............................N280
Standing order payments.................N600
Balance as per bank statement............?
Calculate the balance in the bank statement.

A. N14 680
B. N15 560
C. 17 500
D. 16 380


Question 7 :



Use the information below to answer questions
Balance as per cash book................N13560
Unpresented cheques.....................N5120
Uncredited lodgements...................N2300
Dividend received not entered
in the cash book........................N2000
Bank charges............................N280
Standing order payments.................N600
Balance as per bank statement............?
What is the adjusted cash book balance?

A. N14 680
B. N15 560
C. N16 440
D. N17 000


Question 8 :



In a bank reconciliation statement, interest charged for overdrawn balances should be added to the?

A. Balance as per bank statement
B. Bank balance as per adjusted cash book
C. Aggregate balance as per cash book
D. Bank balance as per cash book


Question 9 :



In a bank reconciliation statement, Dishonoured cheques is added to

A. Unpresented cheques
B. Uncredited cheques
C. Statement of account
D. Aggregate balanace as per cash book


Question 10 :



Balance as per cashbook 2, 970
Bank Charges 220
Unpresented cheques 3, 950
Uncredited cheques 4, 178
Direct debit by bank 1, 0000
Determine the balance as per bank statement.

A. # 1,978
B. # 1962
C. # 1,522
D. # 2,522






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