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Trial Balance a...

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  • Question 1
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    Which of the following is/are method for preparation of trail balance ? 

  • Question 2
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    After the preparation of ledgers, the next step is the preparation of ______________.

  • Question 3
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    Pending the location of errors in the books of accounts that affect the agreement of the Trial Balance, the difference disclosed is normally posted to ______________

  • Question 4
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    If there is a non agreement of trial balance the possible reasons could be__________________.

  • Question 5
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    Which of the following statements is correct in relation to a trial balance?

  • Question 6
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    ________ arises due to some positive act of commission on the part of the person responsible for the maintenance of the books of account.

  • Question 7
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    Bank overdraft is shown on the _____side of trial balance. 

  • Question 8
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    An agreement of the trial balance does not prove that _____________.

  • Question 9
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    An entry for the goods sold to Madhav for Rs.1,020 was posted to his accounts as Rs. 1,200. If rectification is done before preparation of trial balance then which of the following is correct?

  • Question 10
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    Wages paid for installation of machinery debited to wages account. This is _______________.

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