Fin 806 Activity 2
Assessment
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zainab alhamad
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Business
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12th Grade
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2 plays
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Medium
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10 questions
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1.
Multiple Choice
Bank ----------------------- is a report that compares the bank balance with the company's accounting records.
Account
Reconciliation
Requirements
Information
2.
Multiple Choice
The adjusted bank balance should be equal to .................... Balance :
Cash
Account receivable
Account payable
Credit
3.
Multiple Choice
The following information is related to Batool Company during the month of October 30,2019.The adjusted bank balance is equal to :
BD 8850
BD 8800
BD 5200
BD 5150
4.
Multiple Choice
The first step in bank reconciliation process is to adjust the balance in the company's cash account.
True
False
5.
Multiple Choice
The adjusted balance per bank and the adjusted balance per cash books amount should be different.
True
False
6.
Multiple Choice
The following information is related to Nadia Company during the month of November 30,2019 then the adjusted cash balance is equal to :
BD 10650
BD 9650
BD 14000
BD 11450
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