Page 270 - Account 10

Exercise

A. Answer the following questions in one sentence.
1. How many columns and accounts are used in Bank Cash Book? 2074 (R)
2. What is Bank Cash Book?
3. Write the AGF No. of Bank Cash Book. 2068(S)
4. Which accounts are used to keep the record of transactions of advance in Bank
Cash Book?
5. Write the various types of accounts used in Bank Cash Book. 2072 (S)
6. What is monthly closing of Bank Cash Book?
7. Write the process of posting of advance clearance.
8. Why is bank cash book considered as multi-column ledger? 2073 (R)
9. Which accounts are prepared for what purpose in Bank Cash Book ? 2068 (R)
10. Write names of any two ledger accounts included in Bank Cash Book. 2066(S)

B. Give short answers to the following questions.
11. Describe the various types of accounts used in Bank Cash Book. 2070 (R)
12. What is Bank Cash Book? Describe its any four point of importance in brief.
13. Write any five points to be considered while preparing Bank Cash Book.
14. Clearly mention the specimen ruling of a Bank Cash Book, AGF. No. 5.
2072 (R), 2069 (S)
15. Explain the closing process of Bank Cash Book.
16. How is the posting of clearance of advance made under the following conditions?
i. When the expenditure is not made and the whole amount is returned to the
office.
ii. When the advance amount is exactly spent on the heading.
iii. When the expenditure is more than the advance amount.
iv. When the advance given is more than the real expenditure.
17. Clearly mention the specimen ruling of a bank cash book, AGF. No.5.
18. What is Bank Cash Book? Mention the things to be considered while preparing
it.
19. Why is bank cash book prepared? What kinds of effect are seen in accounts
of bank cash book while clearing excess expenditure rather than advance
amount? 2072 (R)
20. List and explain all five accounts used in bank cash book. 2067 (S)
21. The use of bank cash book in government offices is compulsory. Explain what
kinds of information it provides, those accounts used in it. 2067(R)

270 Aakar’s Office Practice and Accountancy - 10 Bank Cash Book 271