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Trial Balance a...

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  • Question 1
    1 / -0

    Which of the following will disturb the balancing of the trial balance?

  • Question 2
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    The difference in trial balance is transferred to _________ if the errors are not identified.

  • Question 3
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    If a transaction is entered more than one time, it is known as _______________.

  • Question 4
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    Accounting Errors can be classified into ______________.

  • Question 5
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    Indicate which of the following errors will cause the trial balance to be out of balance?

  • Question 6
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    Which of the following errors will be revealed by the trial balance?

  • Question 7
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    Treating a revenue expense as a capital expenditure is an example of __________.

  • Question 8
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    Which of the following statement is true?

  • Question 9
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    While finalizing the current year accounts, the company realized that an error was made in the calculation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs$$50,000$$. As a result__________________.

  • Question 10
    1 / -0

    If the amount is posted in the wrong account or it is written on the wrong side of the account, it is called _________.

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