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Trial Balance a...

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  • Question 1
    1 / -0

    Which of the following errors is an error of omission ?

  • Question 2
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    Rs. 2,400, being the prepaid portion of insurance, was brought forward from the previous year as a credit balance in the nominal account. Identify the amount of the trial balance difference which will be placed in a suspense account -

  • Question 3
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    Wages paid for installation of machinery Rs. 2,750 had been debited to wages account as Rs. 5,250. If this error located after preparation of final account then which of the following rectification entry is correct? 

  • Question 4
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    While carrying forward the total of one page of the Purchases Book to the next, the amount of Rs. 12,350 was written as Rs. 13,250. If this error located after preparation of trial balance then which of the following rectification entry is correct?

  • Question 5
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    The preparation of a Trial Balance helps in : 

  • Question 6
    1 / -0

    Sales to Meena Rs.143 was credited as 413. This ____________ .

  • Question 7
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    Sales of office furniture has been credited to Sales Account. It is :

  • Question 8
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    Rs.10,000 paid in cash for repair of a newly purchased old machine were debited to repairs account. This error:

  • Question 9
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    Rs.10,000 paid in cash for installation of a new machine were debited to Installation Expenses Account. This error:

  • Question 10
    1 / -0

    On opening Suspense Account the words recorded in the particular column are :

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