Fill in the blanks with suitable word/words :1. The copy of customer�

1.	Fill in the blanks with suitable word/words :1. The copy of customer’s account with the Bank is called .........2. The cheques deposited are entered on the ........ of the bank column of cash book.3. Bank Reconciliation statement is prepared to ........... the bank balanceas shown by the cash book and the bank statement.4. Cheques issued are posted on the ............ side of the bank column of Cash Book.5. The credit column of pass book should be equal to ........... column of cashbook and debit column of pass book should equal to .......... column of cash book, if there are no differences.
Answer» 1. The copy of customer’s account with the Bank is called PASS BOOK 2. The cheques deposited are entered on the DEBIT of the bank column of cash book. 3. Bank Reconciliation statement is prepared to RECONCILE the bank balance as shown by the cash book and the bank statement. 4. Cheques issued are posted on the CREDIT side of the bank column of Cash Book. 5. The credit column of pass book should be equal to DEBIT column of cash book and debit column of pass book should equal to CREDIT column of cash book, if there are no differences.

Fill in the blanks with suitable word/words :1. The copy of customer’s account with the Bank is called .........2. The cheques deposited are entered on the ........ of the bank column of cash book.3. Bank Reconciliation statement is prepared to ........... the bank balanceas shown by the cash book and the bank statement.4. Cheques issued are posted on the ............ side of the bank column of Cash Book.5. The credit column of pass book should be equal to ........... column of cashbook and debit column of pass book should equal to .......... column of cash book, if there are no differences.

Answer»

1. The copy of customer’s account with the Bank is called PASS BOOK

2. The cheques deposited are entered on the DEBIT of the bank column of cash book.

3. Bank Reconciliation statement is prepared to RECONCILE the bank balance as shown by the cash book and the bank statement.

4. Cheques issued are posted on the CREDIT side of the bank column of Cash Book.

5. The credit column of pass book should be equal to DEBIT column of cash book and debit column of pass book should equal to CREDIT column of cash book, if there are no differences.

Discussion

No Comment Found

Related InterviewSolutions

Reply to Comment