Exams

BRS - Bank Reconciliation Statement

A bank reconciliation statement is a statement prepared by organizations to reconcile the balance of cash at bank in a company's own records with the bank statement on a particular date.

The differences may arise because of the following reasons:

     - Cheques deposited into bank but not yet collected by bank

     - Cheques issued by the organization but not yet presented for payment

     - Cheques directly deposited by customers into the bank

     - Bank charges debited by bank

     - Interest credited or some receipts directly collected by bank based on org. request.

     - Some payments directly made by bank based on the organizations request.

So, the statement shows the reasons as what are the reasons for difference in balance.

Given ratio of initial investments = 72:43:65 = 105 : 40 : 36.

 Let the initial investments be 105x, 40x and 36x.

∴A:B:C = 105x×4 + 150100×105x×8 : 40x×12 : 36x×12  

               = 1680x : 480x : 432x = 35 : 10 : 9.

Hence, B's share = 21600×1054 = Rs. 4000.

Let the filling capacity of the pump be x m3/min. 

Then, emptying capacity of the pump=(x+10)m3/min.  

so,2400x-2400x+10=8 ⇔x2+10x-3000=0 

⇒x-50+x+60=0 ⇔x=50

Here, x = 20 and y = - 20
Therefore, the net % change in value
=x + y + xy100 %
= 20 + -20 + 20 × -20100%  or  - 4%

Since the sign is negative, there is a decrease in value by 4%.

Yard is to Inch as Quart is to Ounce.

Because Yard and Inch are units of measurement Where Yard is larger than Inch i.e, 1 Yard = 36 Inches.

So, here Quart and Ounce are also units of measurement where Quart is larger than Ounce i.e, 1 Quart = 32 Ounces.

Gallon is not correct because Gallon is larger than Quart and Milk and Liquid are not units of measurement.

So, Ounce is correct.