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CBSE
Class 11 Accountancy
Trial Balance And Rectification Of Errors
Quiz 1
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What kind of accuracy is tested by Trial balance-
0%
Theoritical
0%
Practical
0%
Arithmetical
0%
None of these.
Explanation
Arithmetical
How many methods are there for preparing Trial Balance –
0%
One
0%
Three
0%
Four
0%
None of these.
Explanation
Four
Which of the following is prepared on the basis of Trial Balance –
0%
Journal
0%
Ledger
0%
Final Accounts
0%
None of these.
Explanation
Final Accounts
Of the two sides of Trial balance does not tally, which Account is opened –
0%
Suspense Account
0%
Personal Account
0%
Real Account
0%
None of these.
Explanation
Suspense Account
The error which can be disclosed by Trial balance-
0%
Error of ommission
0%
Error of principal
0%
Compensatory error
0%
None of these.
Explanation
None of these.
Errors are rectified in this book-
0%
Ledger book
0%
Journal proper
0%
Trial balance
0%
None of these.
Explanation
Journal proper
Errors Committed by omitting entries in the Journal book is called –
0%
Error of commission
0%
Error of principle
0%
Error of omission
0%
None of these.
Explanation
Error of omission
If the trial balance does not tally after many efforts then following Account is opened –
0%
Purchase account
0%
Suspense account
0%
Sales account
0%
None of these.
Explanation
Suspense account
Errors committed due to lack of basis principle of Accounting are called –
0%
Compensating errors
0%
Error of principle
0%
Single sided error
0%
None of these.
Explanation
Error of principle
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