MCQAccountancy

CBSE · Class 11 · Accountancy · Bank Reconciliation StatementBank charges debited by the bank are:

Step-by-Step Solution

Bank charges debited by the bank decrease the passbook balance, which are not yet recorded in the cash book.

Detailed Options Breakdown
Option : Added to cash book balance to find passbook balance

Incorrect choice. This distractor represents a common misunderstanding of the core principles of Bank Reconciliation Statement.

Option 1: Subtracted from cash book balance to find passbook balance (Correct Answer)

Correct choice. Refer to the step-by-step verified solution guidelines above for details.

Option 2: Ignored while reconciling

Incorrect choice. This distractor represents a common misunderstanding of the core principles of Bank Reconciliation Statement.

Option 3: Added to passbook balance

Incorrect choice. This distractor represents a common misunderstanding of the core principles of Bank Reconciliation Statement.

💡 Study Guide: This question tests core syllabus concepts from Bank Reconciliation Statement. For formulas, key summaries, and mock exam reference guides, read the full Bank Reconciliation Statement Revision Notes.
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