NCERT Class 11 Accountancy MCQ : Trial Balance and Rectification of Errors
Embark on an accounting journey through our MCQs page dedicated to ‘Trial Balance and Rectification of Errors.’ Curated from a diverse array of previous year papers, including esteemed sectors like UPSC IAS and more, this resource invites you to navigate the intricacies of maintaining accurate financial records and rectifying errors in accounting.
These Multiple Choice Questions are meticulously crafted to challenge and enhance your understanding of trial balance preparation, error detection, and rectification in the field of accounting. Whether you’re an accounting enthusiast or preparing for competitive exams, these questions offer a strategic approach to mastering the intricacies of this crucial aspect of financial management.
Prepare confidently for exams with questions sourced from various sectors, ensuring a well-rounded grasp of the nuanced applications of trial balance and error rectification in diverse industries. Each MCQ serves as a key to unlocking insights into the diverse aspects of financial reporting, accuracy in accounting statements, and the role of trial balance in ensuring a sound financial footing, mirroring the depth of knowledge required for success in competitive examinations.
Immerse yourself in the accounting complexities of ‘Trial Balance and Rectification,’ confident in your ability to navigate through MCQs that mirror the intricacies of this vital financial discipline. Our resource, drawn from previous year papers, acts as a roadmap for exam success, offering both knowledge enrichment and strategic insights
NCERT Class 11 Accountancy : Trial Balance and Rectification of Errors MCQ – NCERT Class 11 MCQ
Question:
What kind of accuracy is tested by Trial balance-
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Question:
How many methods are there for preparing Trial Balance –
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Question:
Which of the following is prepared on the basis of Trial Balance –
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Question:
Of the two sides of Trial balance does not tally, which Account is opened –
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Question:
The error which can be disclosed by Trial balance-
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Question:
Errors are rectified in this book-
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Errors Committed by omitting entries in the Journal book is called –
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Question:
If the trial balance does not tally after many efforts then following Account is opened –
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Errors committed due to lack of basis principle of Accounting are called –
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Question:
Closing stock appears outside the trial balance.
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Question:
A trial balance is not a conclusive proof of accounting accuracy
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Question:
Trial balance is a test of only Arithmetical accuary.
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Trial balance helps to check the principles of Double Entry System.
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Question:
Trial balance is a part of ledger.
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Question:
Suspense Account is a Permanent Account.
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Single sided errors are generally rectified directly in the ledger accounts before closing the accounts.
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Question:
Final accounts are not affected through rectification of errors.
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Question:
Single sided errors are rectified through Suspense Account.
