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Trial Balance a...

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  • Question 1
    1 / -0

    Income Tax appears in trial balance ____________ column.

  • Question 2
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    Omission of Assets or Liabilities can be easily traced with the help of _____________.

  • Question 3
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    If the trial balance shows a short credit the suspense account will have a ________ balance.

  • Question 4
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    Wages paid for installation of machinery wrongly debited to wages account is an error of __________.

  • Question 5
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    A transaction not recorded at all is called as an error of __________.

  • Question 6
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    If the trial balance does not agree, difference of the trial balance is placed to ________ account.

  • Question 7
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    Which of the following does not affect the agreement of trial balance?

  • Question 8
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    When transaction has been recorded in total disregard to the fundamentals of double entry system, the mistake or error is called errors of ______.

  • Question 9
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    If transactions are not recorded in the books of account as per fundamental rules of accounts, such error is said to be an error of _________.

  • Question 10
    1 / -0

    Inclusion of freight paid on purchase of an office equipment in freight account is an example of error of _________.

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