Chapter trial-balance-and-rectification-of-errors: Trial Balance and Rectification of Errors MCQs | accountancy Class 11 CBSE

Chapter trial-balance-and-rectification-of-errors: Trial Balance and Rectification of Errors MCQs | accountancy Class 11 CBSE | ByteNotes.in

MCQ

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Easy

Question 1

Objective

A trial balance is prepared primarily to verify the:

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Easy

Question 2

Objective

Which of the following is the most widely used method for preparing a trial balance?

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Medium

Question 3

Objective

Which of the following errors will NOT be revealed by a trial balance?

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Medium

Question 4

Objective

If a difference in the trial balance is divisible by 9, it most likely indicates:

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MCQ

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Easy

Question 5

Objective

Furniture purchased for ₹10,000 debited to Purchases Account is an example of:

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Easy

Question 6

Objective

A suspense account is opened when:

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Medium

Question 7

Objective

Purchases book was overcast by ₹500. The rectification entry will be:

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Easy

Question 8

Objective

Cash received from Rajesh ₹3,000 was posted to the credit of Mahesh. This is an error of:

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Easy

Question 9

Objective

Two errors that neutralise each other's effect on debit and credit are known as:

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Medium

Question 10

Objective

Which of the following is an error that AFFECTS the agreement of the trial balance?

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Easy

Question 11

Objective

Trial balance is:

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Medium

Question 12

Objective

Repairs paid for the overhauling of second-hand machinery purchased debited to Repairs Account is:

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Medium

Question 13

Objective

If a trial balance tallies, it implies that:

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Easy

Question 14

Objective

A trial balance is prepared after:

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Hard

Question 15

Objective

Credit sales to Ramesh ₹5,000 were credited to his account. The rectification entry will be:

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Easy

Question 16

Objective

Under the Totals Method of preparing a trial balance, entries are made on the basis of:

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Hard

Question 17

Objective

Which of the following errors does NOT affect the trial balance?

Choices

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Medium

Question 18

Objective

Sales book was undercast by ₹300. The rectification entry will be:

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MCQ

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Medium

Question 19

Objective

Goods withdrawn by proprietor for personal use ₹800 were debited to Sundry Expenses Account. This is:

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Medium

Question 20

Objective

The suspense account is closed when:

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Chapter trial-balance-and-rectification-of-errors: Trial Balance and Rectification of Errors | MCQs

A trial balance is prepared primarily to verify the:

Which of the following is the most widely used method for preparing a trial balance?

Which of the following errors will NOT be revealed by a trial balance?

If a difference in the trial balance is divisible by 9, it most likely indicates:

Furniture purchased for ₹10,000 debited to Purchases Account is an example of:

A suspense account is opened when:

Purchases book was overcast by ₹500. The rectification entry will be:

Cash received from Rajesh ₹3,000 was posted to the credit of Mahesh. This is an error of:

Two errors that neutralise each other's effect on debit and credit are known as:

Which of the following is an error that AFFECTS the agreement of the trial balance?

Trial balance is:

Repairs paid for the overhauling of second-hand machinery purchased debited to Repairs Account is:

If a trial balance tallies, it implies that:

A trial balance is prepared after:

Credit sales to Ramesh ₹5,000 were credited to his account. The rectification entry will be:

Under the Totals Method of preparing a trial balance, entries are made on the basis of:

Which of the following errors does NOT affect the trial balance?

Sales book was undercast by ₹300. The rectification entry will be:

Goods withdrawn by proprietor for personal use ₹800 were debited to Sundry Expenses Account. This is:

The suspense account is closed when:

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