Class 11 Bank Reconciliation Statement worksheet

Sample questions

Real questions from this chapter, as the app sets them. Tap Answer to see the answer and working.

Section A · multiple choice

1. 1.

   A favourable bank balance shows in the cash book as a:

   1. nil balance
   2. contra entry
   3. credit balance
   4. debit balance

   Answer

   (d) debit balance

2. 2.

   Starting from the debit balance of the cash book, the item “interest credited by the bank, not entered in the cash book” is:

   1. entered in the sales book
   2. shown in the balance sheet only
   3. added
   4. ignored

   Answer

   (c) added

3. 3.

   Starting from the credit balance of the pass book, the item “rent received directly into the bank account” is:

   1. shown in the balance sheet only
   2. ignored
   3. added
   4. subtracted

   Answer

   (d) subtracted

Section B · short answer

1. 4.

   What is a bank reconciliation statement?

   Answer

   A statement prepared on a date to explain the differences between the bank balance shown by the cash book and by the pass book.

2. 5.

   Starting from the cash book balance, is each added or subtracted? (a) a cheque deposited was dishonoured, not entered in the cash book (b) a bill receivable collected directly by the bank

   Answer

   (a) subtracted (b) added

Section C · long answer

1. 6.

   Explain the causes of difference between the cash book and pass book balances.

   Answer

   Timing: cheques issued but not presented, cheques deposited but not cleared; items known only to the bank: bank charges, interest, direct deposits and payments, dishonour; and errors in either book.

Fresh sheets for your child

In the app, every Bank Reconciliation Statement sheet is new: the app remembers the questions your child has already had and leaves them out. Print the sheet as a PDF, or use notebook mode and write the answers in a notebook.

Coming soon for Android and iPhone.

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