Accounting Test Easy Mode

Sr. #	Questions	Answers Choice
1	Cheques issued to a creditor but not presented for payment are called	Un Credited Cheques Uncollected Cheques Un Presented Cheques Dishonoured Cheques
2	The favourable balance of bank statement is	Credit Balance Debit Balance Zero Balance Both b and c
3	Unfavourable balance means	Credit Balance in the Pass Book Credit Balance in the Cash Book Debit Balance in Bank Statement Both b and c
4	Bank reconciliation statement is prepared by	Banker Customers Accountant Auditor Manager
5	The book in which all cash transactions are primarily recorded is called	Cheque Book Pass Book Cash Book Finance Book

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