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Trial Balance a...

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  • Question 1
    1 / -0

    Suspense Account in the trial balance will be entered in the _________.

  • Question 2
    1 / -0

    Errors which affect only one account can be __________.

  • Question 3
    1 / -0

     An item of Rs.72 has been debited to a personal account as Rs.27, is an error of __________.

  • Question 4
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    A trial balance is a ________________.

  • Question 5
    1 / -0

    __________ does not help in assuming accuracy of balances of various accounts and preparation of the financial statements.

  • Question 6
    1 / -0

    ______ is time consuming and hardly serves any addition or special purpose.

  • Question 7
    1 / -0

    Error of omission arises when ___________.

  • Question 8
    1 / -0

    _______ is the most widely used method in practice.

  • Question 9
    1 / -0

    Sales to Ram, Rs.336, posted to his account as Rs.363 will affect _____________.

  • Question 10
    1 / -0

    If the closing stock at the end of the year is overstated by Rs.7,500, the error cause an_______________________.

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