Bank reconciliation statement MCQs

A. $5000 will be credited
B. $5000 will be debited
C. $10,000 will be credited
D. $10,000 will be debited

A. $1000 will be added to cash book balance
B. $2000 will be deducted from cash book balance
C. $3000 will be added to cash book balance
D. $3000 will be subtracted from cash book balance

A. $2000
B. Zero
C. $3000
D. $2500

A. Credit balance
B. Debit balance
C. Bank overdraft
D. Adjusted balance

A. Unpresented checks
B. Uncredited checks
C. Outstanding checks
D. Bounced checks

A. Outstanding checks
B. Unpresented checks
C. Deposit in transit
D. Omission of Bank charges

A. Adjusted
B. Unadjusted
C. Understated
D. Overstated

A. $500 will be debited
B. $500 will be credited
C. Non-adjustable
D. $1000 will be subtracted

A. Uncollected checks
B. Uncredited checks
C. Outstanding checks
D. Bounced checks

A. Unpresented checks
B. Uncredited checks
C. Outstanding checks
D. Bounced checks