Self Studies

Trial Balance a...

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  • Question 1
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    If wages paid for construction of building are debited to wages account. It is

  • Question 2
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    If an error is not detected in spite of all efforts and trial balance does not agree then what measure will be taken for the agreement of a trial balance

  • Question 3
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    Credit sales to Mohan Rs.10,000 had been duly recorded in the sales book but the posting from sales book to Mohan’s account has not been made, it would be an error of

  • Question 4
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    Which of the following errors would be disclosed by the Trial Balance?

  • Question 5
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    A trial balance is prepared

  • Question 6
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    Which of the following error will disturb the balancing of trial balance

  • Question 7
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    An amount has been posted on the debit side of the commission account as Rs.375 instead of Rs.275. In rectifying the above error, the commission account would be

  • Question 8
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    Trial balance is

  • Question 9
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    Rs.200 received from Shyam whose account was previously written off as bad debts should be credited to

  • Question 10
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    A trial balance is prepared to know:

  • Question 11
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    Which of the following will not affect the trial balance

  • Question 12
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    Raj Hans Traders paid Rs.25,000 to Preetpal Traders (a supplier of goods). This transaction was correctly recorded in the cashbook. But while posting to the ledger, Preetpal’s account was debited with Rs.2,500 only. This constitutes an error of

  • Question 13
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    If purchases book has been overcast by Rs.10,000 resulting in excess debit of Rs.10,000 in purchases account and sales returns book is undercast by Rs.10,000 resulting in short debit to sales returns account, it is an example of which type of error?

  • Question 14
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    A sale to Chetan for Rs.21, 400 has been posted to the customer's account as Rs.24,100. The trial balance failed to balance but the difference has not been placed in a Suspense account. The journal entry to correct this error would require which of the following

  • Question 15
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    Purchase Book has been undercast (short totalled) by Rs.100, so the purchase A/c will be debited short by Rs.100, decreasing the debit side of Trial Balance by Rs.100.It is an example of which error?

  • Question 16
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    If suspense account does balance even after rectification of error it implies that

  • Question 17
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    A trial balance is prepared to locate

  • Question 18
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    If a credit purchase of machinery is recorded in purchases book instead of journal proper it is an error of

  • Question 19
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    Name the account affected by the following example- Machinery purchased for Rs.4000 has been debited to purchase account

  • Question 20
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    Which account will be credited for the goods given as charity?

  • Question 21
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    If some credit sale to customer is correctly recorded in Sale book but is omitted to be recorded to Customer’s account then what type of error will it be

  • Question 22
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    Sales Book is overcast by Rs.1000. In this case

  • Question 23
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    Why the error of casing of subsidiary books affect the agreement of trial balance

  • Question 24
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    Match the following. Options are as follows:

  • Question 25
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    Rs.4,200 paid for conveyancing has been written off instead of capitalizing. This is an error of

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