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10 Questions on Bank Reconciliation Statement CBSE Class-XI

accountancyAfter the quiz on ledger , now its time for Bank reconciliation statement  which  is prepared as a settlement of records between the balance per  financials books and the balance per the bank statement. The process of accounting bank statement reconciliation is essential because of the many timing differences and errors in the recording process between two parties.

When effectively implemented it assures that the bank as well as the business have relevant financial statements. The process of bank reconciliations bring value. From here each account is checked with records to assure a purchase date, income or expenditure, notes or additional needs, and more.

10 Questions on Bank Reconciliation Statement of Class -XI

Click Start Quiz button to test your knowledge on 10 Questions on Bank Reconciliation Statement CBSE Class-XI

Comments ( 45 )

  1. Solve it to Check your ACCOUNTS Knowledge.

  2. solve my entry- cheque issue but not presanted in bank .cheque date expiry
    accounting entry-

  3. I have studied in state board from 8th to 10th. And i have changed to cbse in XI. i feel it very difficult to study in cbse now.I have got only 57% in Ist term exam.please help

  4. PLz give this information fast!

  5. Does anyone know where can I find the solutions for cbse class xi computer science textbook questions on internet?

    at least the C++ chapters answers.
    please answer at the earliest

  6. i am in class xi cbse i want to become a lawyer….now i want to know that should i take maths or information pratices in class xi…….which will be more useful……considering clat exam and law…… cousin said that maths only till class x comes in the clat exam is that so????????

  7. Annie Cate Anderson
    March 21, 2012 at 12:13 PM

    I’m planning on visiting small local accountancy firms to enquire about any vacancies they have or if I may be able to do some work experience for them as I’m attempting to get into the field.

    I’m just a little unsure of who to approach in these firms, so who would be best to ask for? I just wish to introduce and approach them myself as professionally as I!

    These are very small businesses.. one’s with but a few people running the business.. there wouldn’t be an HR department.

  8. My cousin is going to be applying for a course and she needs to know the difference between accountancy accounting.

  9. what exactly does an accountant do?

    what A levels would i need to go to university and become an accountant?

  10. Hi, I’ve been interested in accountancy for a while and I want to know the best ways to get into it at uni or working for a firm. Also what A levels & Degree would be needed to help me along the way.

    Many Thanks!

  11. I’m considering a career in accountancy and would like to know the pros and cons of having a career in accountancy and generally what the job involves?

  12. Can you tell me how and where to find class eleven cbse exam papers that are solved? I need the Chemistry and Biology papers urgently, and can do with Physics too.
    Do you think it helps to get a great score in the exam? Any other suggestions to score well are welcome.

  13. My son is looking to go to university in 2011. He is a good mathematician, physicist etc., but in this day and age he wants to study for a profession rather than just studying a ‘subject’ at university. He has come up with the idea of accountancy. What would be the avenues for him to get into this without incurring loads of debt at university while he goes about it? Any suggestions? Or indeed, any other career paths?

  14. Also, would the accountancy degree help me pay for law school? Thank you.

  15. Temple Run Problems
    April 25, 2012 at 12:30 AM

    From Board Exam point of view, which is the best book for CBSE class XI and XII. Also, let me know about sample papers for the same

  16. I currently attend Northern Illinois University in DeKalb. Lately I’ve been looking to transfer to a school in the city (Chicago). What school would most benefit me as an accountancy major? I know NIU has a great accountancy program, but is there one better in the city?

  17. Other than the normal CA of ICAI is there any other accountancy degree recognised in India?I am based abroad and am planning to do an accountancy course but just in case I decide to settle in India want to make sure that would be able to practice/work in india

  18. I studied accountancy in polytechnic and i have my higher national diploma[HND] in 1997 .I proceeded to Nigeria college of accountancy, Jos to pursuit my professional examination in which i qualified in 2003 as certified National Accountant under umbrella of Association of National Accountants of Nigeria[ANAN].Now as a chartered Accountant i want to fit in to every situation i may find myself.Presently i am working with office of auditor general for FCT area councils ,Abuja.Please what is the less costly way to fit in as a professional Accountant.

  19. I gratuated in accountancy in Finland 7 years ago. after that I worked as a bookkeeper for 1.5 years. moved to London to work in catering and in last one year have done lots of accountancy work for my present job using Sage Line 50 and would love to have a career in accountacy and learn more.

  20. From board point of view,which is the best book for CBSE class XI and XII COmputer Science.?
    Also, let me know about sample papers for the same

  21. Plz tell me d names of subjects in class 11th(CBSE)…………..

  22. i want a guide that can substitute for tutions and also provides vital information needed to fare well in the class XI (cbse) examinations.

  23. where I download the cbse books of class XI pls help me

  24. Connor Rasmussen
    May 26, 2012 at 4:45 PM

    I am looking into doing an accountancy qualification, I currently hold an honours degree in Law and I don’t want to do another year at university but I am getting confused between all the different courses. What is the main difference between AAT, ACCA and CIMA? Which is the best one to do?

  25. Majestic Narwhal
    June 24, 2012 at 1:53 PM

    I want to know that whether the Pradeep’s books are best for class XI cbse or there are any other book best for Physics and chemistry for theory and numericals?

  26. What is the marking scheme for class XI cbse maths?

    plzzz post the entire marking scheme here or give me the direct link to the marking scheme….

  27. I’m thinking of becoming an accountant, I’m currently studying Maths, Biology, Chemistry and Physics at AS level and will be applying for university soon. I was wondering what kinds of things do the big firms look for.
    Like what degree to they look for? I am planning to take the ACCA exams once I finish university. Or Should I just study accountancy at degree level? I was hoping to study something thats relevant but also as a back up….Thanks 😀

  28. I failed in my class XI CBSE exams (Non-Medical Stream) from a private school. Now as I have found that there is only one way to get admission in XII CBSE Boards & that is through NIOS but how do I go about it ?
    What is the procedure ? I reside in Chandigarh.
    Please help me I am feeling depressed.
    And is NIOS equivalent to CBSE ?

  29. Iam going to class xi (cbse )and have decided to go fitjees classroom program and study from brilliant iit elite package(CORRESPONDENCE). Is this a good option will fitjee cbse and brilliant be at par.

  30. Taking up cost accountancy and not MBA after graduation will it be a wise choice?How good are the career prospects in cost accountancy are there any job anyway?

  31. Sebastian Caballero
    November 18, 2012 at 1:00 PM

    I need it for coming CBSE upcoming exhibitions…a very unique which represents need for society or something like that…please I need your help.

  32. I will opt for CBSE so please advice the basics that I should be thorough with to give a head start.

  33. Boys Love Bang Bang
    December 1, 2012 at 2:02 AM

    I have a choice between a master in Accountany or in Business Administration?

    Some friends advised me to go for the Accountancy so what do you think ?

  34. Just need to add a bit on this.

    I’ve classed one of my 2hobbies and interests” as Current Affairs, and thus, the credit crunch. As this relates to Accountancy and Finance.

    What can I put?

  35. Icfadila Hanisa Lbs
    December 3, 2012 at 12:41 PM

    Ofcourse I want to be the best in my course.
    What qualities should I have to be successful in economics
    and accountancy?
    What fields should I master.
    I’ve read a keynesian theory that a master economist should combine the abilities of a statesman, mathematician, historian, and philosopher.
    And that economist should also study geography.
    My first day will be on May 26.

    Don’t be shy to answer me.

  36. it is for class xi cbse (holiday assignement) the project should include introduction, steps towards making a project, choice of target group, collection of data, organisation and presentation of data, analysis and interpretation, conclusion, bibliography.

    suggested list of projects:
    1. consumer awareness
    2. as a representative of a local gvt. you want to asses the participation of women in various employement schemes in your area . prepare a project report.

  37. One of my relative is planning to study for class XII from Pune. He has already registered for school from his local place but wishes to study from Pune. Also any chance to continue for schooling from Pune, he has already completed XI from his local place. A list of moderate/good schools where direct admission to XII CBSE would be helpful. He has completed his X (matriculation), CBSE from Delhi Public School. Thanks in advance.

  38. if bank statement and pass book both showing credit balance whits the mater?

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