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Test # 3 (BRS Cash Book)
Class: 1st Year
Roll No:

P. O. Accounting

Time Allowed: 15 Min

Total Marks:

10

Objective
Q1.

Encircle the most suitable answer from the following four answer.

i)

Ahmeds cheque endorsed to Akbar should be debited to:

a) Cash account

ii)

vii)

c) Real account

d) Both personal & real

b) Customers accountant

c) Auditors

b) Debit balance c) Both debit and credit balance d) None of these

b) Debit balance

c) Zero balance

d) a,b,c

a) Credit balance in the pass book

b) Credit balance in the cash book

c) Debit balance in bank statement

d) Both b,c

Cheques issued to a creditor but not presented for payment are called:
b) Omitted cheques

c) Unpresented Cheques

d) None of these

The credit balance of bank account in cash book is called:

a) Expense

x)

d) None of these

Cheques received from debtors but not collected by the bank are called:
a) Dishonored cheques b) Uncredited cheques c) Unpresented cheques

ix)

d) Manager

Unfavorable balances mean:

a) Uncredited cheques
viii)

b) Nominal account

The favorable balance of bank statement is:

a) Credit balance

vi)

d) Ahmeds account

The favorable balance of cash book bank column is:

a) Credit balance

v)

c) Akbars account

Bank reconciliation statement is prepared by:

a) Banker

iv)

b) Cheque account

Cash account is a:
a) Personal account

iii)

(110=10)

b) Asset

c) Income

d) Liabilities

Pass Book is prepared by:

a) Debtor

b) Creditor

c) Banker

d) Customer

(2)

Scholars Academy
Step In Bright Future In Our Guidance

41-Durand Road, Near Queen Marry College, Lahore

Ph:042-36309059, 36307272
(BRS Cash Book)
Class: 1st Year
Roll No:

P. O. Accounting

Time Allowed: 1:15 Hour

Total Marks:

40

Subjective
Q1.

Give any twelve Short Answer of following questions.

(102=20)

i)

Define bank.

ii)

Define bank Reconciliation Statement.

iii)

Define contra entry.

iv)

Define bank overdraft.

v)

Define unpresented cheques.

vi)

Define bank passbook.

vii)

Define pay-in slip.

viii)

Define cheque book.

Attempt both questions

Q2.

(102=20)
st

From the following particulars prepare a Bank reconciliation statement as at 31 December 2005 of
Salman:
Overdrawn as per cash book

Rs. 5,100

Interest on Bank overdraft debited in pass book only

Rs. 115

Cheques issued but not cashed from bank

Rs. 900

Cheques paid in but not cleared by bank

Rs. 1,375

B/R discounted with the bank in November but

dishonoured 31st December
Q3.

Rs. 315

A trader has two Bank account ___A/c No. 1 and A/c No. 2. The following particulars relating to A/c
No. 1 are available on 31st March 2005. prepare a bank reconciliation statement as on 31 st March
2005:
Pass Book balance (overdrawn) Rs. 30,000.
Cheques drawn prior to 31st March 2005 but not presented as yet Rs. 8,000.
Interest debited by the bank but not entered in the cash book as yet Rs. 800.
Transfer from A/c No. 2 to A/c No. 1 recorded by the bank on 31st March but not entered the cash book Rs.
6,000.
Bank charges debited by the bank but not recorded in the cash book as yet Rs. 20.